BankniftyFuture last close: 42341.30 (+0.1%)
BankniftyFuture was seen huge volatility on 17 Jan
BNF was opened 42205 and went to 42490 then dropped to 41972
Again shot up to 42400 levels and finally ended 42341
Icicibank did not well
Hdfcbank gained around 1.5%
PSUBank index fell around 2%
VIX fell and ended 14.60
As per open interest 42000PE and 42500CE was seen high OI
However, BankniftyFuture is facing a intraday resistance 42430, 42480 and 42650
If sustains above 42650 will try to move 42800
On other side, BNF can be considered as supports as 42300, 42220 and 42050
Below 42050 finding a next supports 41900-41800
Updated: 08.24 am / 18th Jan 2023
