Last close: 38718.35 (+0.3%)
BankniftyFuture was seen consolidated on 13 Oct
BNF was opened 38750 and went to 38836.80 then endex 38718
Street waiting for HDFCBank earnings report
Hdfcbank will be declaring the earnings report on 16 Oct (coming Saturday)
PSU Banks did well
As per OI data, 39000CE added more OI and 38000PE added more OI
However, BankniftyFuture considering a supports around 38400-38500
If stays below the level….. Expecting more pain.
BNF is facing a intraday resistance 38830 and 39000
If sustains above 39000 then will try to move 39150 and 39300
Closely watch 39000 (spot price)
More live market update will be sent to my clients only
Updated: 08.38 am / 14th Oct 2021
