Bankniftyfuture last close: 21320
As expected bankniftyfuture was fell from intraday high 21940 to 21212
In last three sessions BNF was seen huge volatility and swing was almost 750-1000 points
All front line stocks fell from day’s high and Axisbank, Icicibank ended at green zone
SGXNifty indicates a flat opening and BNF also followed by flat opening
Bankniftyfuture was seen under performing in last consecutive four sessions
BNF was fell almost 2000 points from last week high.
Today BNF is facing a intraday resistance at 21450, 21540 and 21750
Above 2nd and 3rd resistance are hurdle for today’s trade…….. Suppose
If crossover 21750 and manages above the level…….. Will try to check 22000
But, Stay caution at higher levels or can sell at higher levels!!
Today BNF can be considered as supports as 21212 (Two day’s low) and 21100
Below 21100……… Finding a next support at 20900
More live market update will be sent to my clients only
Updated: 08.43 AM / 16th July 2020
