BankniftyFuture last close : 18807.70
BankniftyFuture was fell 268 points on Friday’s trade
BNF has opened high was 19069 then dropped and made a low of 18651. Finally closed at 18807.70
Today BNF is facing a intraday resistance at 18940, 19060 and 19200
If crossover 19200 and holds above the level, We see little bit bounce back up to 19380
But, Every rise can sell…….. There is no strength in market!!
Today BNF can be considered as supports as 18740, 18640 and 18500
Below 18500, Expecting more weakness up to 18240
Don’t short at very lower levels!!
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Updated : 08.25 AM / 18th May 2020
