BankniftyFuture last close: 22189.50 (-0.6%)
BankniftyFuture has dropped 0.6% after the consecutive 7 winning streak
As expected BNF was not moved violently and sustained 50-100 points in whole day
BNF opened at 22400 and went up to 22443 then dropped 22122. Finally closed at 22190
Axisbank, Hdfcbank, Indusindbank and SBIN fell 0.25% to 0.75%
Icicibank and Kotakbank marginally higher 0.2% to 0.4%
Today also BankniftyFuture will open flattish note and likely to witness sideways trade will be expected during the day.
If SC will announce any important thing ahead of AGR issues then will move violently!!
Today BNF is facing a intraday resistance 22270, 22350 and 22500
Above three resistance are strong for today’s trade……. Suppose
If crossover 22500 with volumes……… Then will see more power
Today BNF considering a support at 22150, 22080 and 22000
Below 22000…………. Finding a next support at 21800
More live market update will be sent to my clients only
Updated: 08.20 am / 14th Aug 2020
