Bankniftyfuture last close: 42531.55 (-0.1%)
On Thursday, BankniftyFuture was seen strong range bound
BNF was opened 42500 and sustained around 42450-42650 in whole day
In the last 30 minutes BNF was slipped almost 200 points
Finally ended at 42531.55
PSUBank sustained and not seen any significant move in the last few sessions
Private banks did marginally gain
Kotakbank and Axisbank did well
VIX sustained around 15
Today BankniftyFuture is facing a intraday crucial resistance 42550-42650
If breaks and manages above 42650 will try to move 42800
On other hand, BNF can be considered as supports as 42480 and 42400
Below 42400, finding a next support around 42250
Updated: 08.14 am / 18th Nov 2022
