BankniftyFuture last close: 35319.05 (+2.1%)
On Monday, BankniftyFuture was opened 34615 and shot up 35465
The Bank index gained 2.1% on Monday
Hdfcbank did very well and lift the bank index
Icicibank and psu bank given more support to lift the index
Volatility index sustained around 25-26
Option premium sustained at higher range
ATM straddle was ended around 1200
Market awaiting for FED announcement that is the reasong option premium seems higher
BankniftyFuture formed bullish candle on yesterday
Today BankniftyFuture is facing a intraday resistance 35475 and 35600
If breaks and holds above 35600 will try to check 35800-36000
On other side, BNF can be considered as supports as 35160 and 35050
Below 35050 will try to check 34800
More live market update will be sent to my clients only
Updated: 08.20 am / 15th March 2022
