17th Jan 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

Last close: 38491.10 (0.3%)

On Friday, BankniftyFuture was opened 38350 then fell to 38110 again bounced back to 38550
BNF was seen highly volatile on last session
BNF was took support around 38000
As per OI was indicated 38000PE added more OI
Hdfcbank declared the inline with expectation result on Saturday
Net NPA was declined 0.3% on YoY

BankniftyFuture Trend Decider For This Week 38000 and 39000
BankniftyFuture is facing a intraday resistance 38600 and 38750
Once if breaks and holds above 38750 then will try to check next resistance 38900-39000

On other side, BNF considering a supports 38350, 38200 and 38000
Very strong support zone around 38000
Below the level….. expect more pain

Updated: 08.26 am / 17th Jan 2022