BankniftyFuture last close: 37502.85 (-1.1%)
On yesterday, BankniftyFuture was opened 38000 and slipped up to 37413
Finally ended at 37502.85 down 1.1%
BNF was seen highly volatile with downtrend
All private and psu bank stocks was seen selling pressure
Volatility index spiked 7% which was indicating volatile will be continued
BankniftyFuture was formed bearish candle on yesterday
BankniftyFuture is facing a intraday resistance 37700, 37900 and 38150
Above 2nd and 3rd resistance are crucial for today’s trade
On flip side, BNF can be considered as supports as 37500-37400
Once if breaks and holds below 37400 will try to check 37000-36800
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Updated: 08.27 am / 18th Feb 2022
