Bankniftyfuture last close: 33548.85 (+4%)
What a rally on 17th May 2021
BNF was opened 32450 and gradually went to 33605. Finally closed around day’s high
From low to high BNF was surged 1200 points
SBIN was up 6% and contributed to lift the bank index
SBIN will be declaring earnings report on 21st May (Friday)
All private banks was seen significant move on yesterday
VIX below 20 and option premium was seen very lower
ATM straddle was closed around 760 (Normally this rate seems on Tuesday closing price)
Better to avoid short straddle
Today’s BankniftyFuture supports and resistance levels will be sent to my clients during market hours
Noon update will post around 12.30 pm……….. be patient
Updated: 08.13 am / 18th May 2021
