BankniftyFuture last close: 42579.90 (+0.2%)
On Wednesday, BankniftyFuture was seen range with positive bias
BNF was opened 42465 and went to 42666 finally ended at 42580
Hdfcbank did well
PSUBank seen consolidated
VIX marginally shot up to 15.20
Option premium seen very low due to low VIX
HDFCBank ADR down nearly 4% after the hours trade
Axisbank and Icicibank ADR was down 1.5% to 2%
BankniftyFuture is facing a intraday resistance 42640, 42700 and 42850
Stay caution at higher levels!!
On flip side, BNF can be considered as supports as 42500, 42440 and 42300
Below 42300 finding a next support around 42000-42100
Updated: 08.32 am / 17th Nov 2022
