BankniftyFuture last close: 44166.20 (+0.2%)
On Wednesday, BankniftyFuture was seen very range with positive bias
BNF was opened 44200 and moved only 50 points up and down
Finally BNF was ended 44166.20 or +0.2%
SBIN broken recent peak 622 and seen good strength
Hdfcbank rallied around 1.5%
Icicibank did not well and slipped 1.5%
PSUBank rallied around 1%
VIX ends below 13
As per open interest 44000CE and PE seems equal open interest
However, BNF is facing a intraday resistance 44190, 44230 and 44300
Above resistance are very grip for today’s trade!!
On other side, BNF can be considered as supports as 44130, 44080 and 44000
Below 44000, expect further weakness up to 43850
Updated: 08.29 am / 15th Dec 2022
