Bankniftyfuture last close: 42350 (-0.4%)
On Thursday, BankniftyFuture was seen very range with negative bias
BNF was opened 42450 and fell to 42281 then spiked up to 42558 before 11.40 am
After 11.40 am, BNF was consolidated around 42350-42450
VIX slipped below 14
Hdfcbank did well
Icicibank seen selling pressure
PSUBank ended with marginally gain
Icicibank and Kotakbank will be announcing their earnings report on Jan 21
BankniftyFuture is facing a intraday resistance 42440 and 42500
If stays above 42500 will try to move 42650
On other side, BNF can be considered as supports as 42300, 42200 and 42000
Below 42000 will take next major support around 41750
Updated: 08.30 am / 20th Jan 2023