BankniftyFuture last close: 22671.30
BankniftyFuture was did well in last two sessions but not very bullish
In last six days BNF was bounced back around 22050-22200, hence the 22k mark is very crucial support for coming days
Yesterday Hdfcbank did well stock up 2.15%, Icicibank higher almost 1% while Axisbank and Indusindbank was fell 1% to 2%
SGXNifty indicate a negative opening and followed by bank index also will open negative
Today BankniftyFuture is facing a intraday resistance at 22700 and 22850 which was placed at one week swing high
Once if breaks and manages above 22850…….. Will try to move 23050
Today BNF considering a supports 22580, 22500 and 22370
Below 22370………. Finding a next support around 22100-22200
Don’t short at very lower levels!!
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Updated: 08.38 am / 17th Sept 2020