BankniftyFuture last close: 22190.15 (-1.5%)
As expected BankniftyFuture was dropped from higher levels
Yesterday BankniftyFuture was opened gap up at 22665 and went up to 22820.50 then almost 3 hours sustained 22650-22750…….then bear’s shown his power index fell up to 22105
Do you know ?? Yesterday morning I did mention BankniftyFut resistance at 22830 and support at 22125.
What happened on yesterday’s high and low ??…..high was 22820.50 then bottom of 22105
I have recommended selling alert BNF at 22725 and intraday target done 22400
Hdfcbank, Axisbank, Icicibank, Kotakbank and SBIN fell 1% to 2%
SGXNifty indicate a positive opening hence the bank index will be opened positive note
Today BankniftyFuture is facing a intraday resistance at 22320, 22400 and 22580
Above three resistance are crucial for today’s trade. Suppose
If crossover 22580…… then will try to move 22750. But there is no strength at higher levels
Every rise sell………!!
Today BNF can be considering a supports 22030 and 21970
If breaks and sustains below 21970……… Finding a next supports 21820 and 21630
More live market update will be sent to my clients only
Updated: 08.19 am / 15th Sept 2020
