18th Feb 2021 #BankniftyFuture Intraday levels

BankniftyFuture last close: 36976

BankniftyFuture was seen huge volatility on yesterday like moved both sides

BNF was opened at 37050 and went to 37400 then slipped up to 36820

HDFCBank did not well and stock lost more than 2%

PSU Banks did very well like SBI, BOB and PNB

Option premium is little bit high, can do short straddle and strangle

Volatility trade will be expecting during the day due to weekly expiry

Toda BankniftyFuture is facing a intraday resistance 37100, 37250 and 37400

Suppose if stays above 37400………Expecting further strength up to 37750

Today BNF considering a supports 36820 and 36650

Below 36650………. will try to check next support around 36400

Major support around 36400…………. Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.28 am / 18th Feb 2021