BankniftyFuture last close: 35428.55 (+1.9%)
On Monday, BankniftyFuture was rallied almost 2%
BNF was opened 35000 and fell to 34887 then climbed up to 35450
All bank stocks did very well
Icicibank rose 2%
Psubank index climbed 1%
Hdfcbank was seen selling pressure after the weak earnings report
VIX settled around 17
Option premium seems very low due to low VIX
BankniftyFuture is facing a intraday resistance 35500-35600
If breaks and manages above 35600 will try to move 35750
On flip side, BNF can be considered as supports as 35280 and 35200
Below 35200 finding a next support around 35000
Updated: 08.29 am / 19th July 2022
