14th Aug 2019 #BankniftyFuture Intraday Levels

Banknifty Future last close : 27737.80

BankniftyFuture saw a sharp selling pressure on Yesterday’s trade

Banknifty index declined 2.6% and major contributed Hdfcbank, Yesbank, Sbin.

Now, BankniftyFuture is facing a intraday resistance at 27880-27950-28150

Above three resistance for crucial for today’s trade…… If rise sell

BNF can be considered as supports as 27600-27500. Recent bottom at 27500

Once if breaks and holds below 27500…….. Expecting further weakness up to 27200-27060

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Yesterday boldly written YESBANK below 79 expecting more weakness

What happened ?? After broken 79 stock crashed up to 73

If closes below 73 consecutive three sessions……ultimate target 47-53

Updated : 08.53 AM / 14th Aug 2019