16th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 35988.25 (+0.7%)

BankniftyFuture was broken recent peak and closed above the level

BNF was opened 35760 and made a high of 36068 then settled around 36k

Icicibank, Hdfcbank, Axisbank and Indusindbank was helped to lift the index

But, Still 1700 points away from All Time High

Hdfcbank will be declaring the earnings report on tomorrow

If banking stocks earnings will be good, Bank index will hit ATH shortly

BankniftyFuture formed a mildly bullish candle on yesterday and formed bullish candle on consecutive three sessions

BNF is facing a intraday resistance 36085 and 36200. If stays above 36200 will try to move 36350 levels

BNF can be considered as supports as 35900 and 35770 thereafter will check 35650

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Updated: 08.33 am / 16th July 2021