BankniftyFuture last close: 36603.30
BankniftyFuture was declined 1100 points from last consecutive three sessions
BNF was opened 37075 then slowly slipped up to 36352 then finally settled at 36603
Volatility was seen due to weekly expiry
Hdfcbank, Icicibank, Kotakbank and Axisbank fell 1% to 3%
PSU Banks did very well like BOB gained more than 13%
SGXNifty indicate a negative opening for the index and Bank index also followed to open negative note
In last three sessions BNF was made a lower lows and lower highs which indicated sell on rise!!
Today BankniftyFuture can be considered as supports as 36500 and 36350
If sustains below 36350 then will try to check 36150 and 35900
On another hand BNF is facing a intraday resistance 36700, 36850 and 37050
Stay caution at higher levels!!
More live market update will be sent to my clients only
Updated: 08.38 am / 19th Feb 2021