20th July 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 21971.10 (+1.9%)

BankniftyFuture was gained 400 points or 1.9% on Friday’s trade

On last 45 minutes, BNF has bounced almost 300 points

Hdfcbank climbed 3.38% and ICICIbank added 2.65%. Kotakbank and Indusindbank was marginal gained.

HDFCBank profit jumps 20% to Rs 6658 crore vs 5568 crore. Focus on Hdfcbank

Today Bankniftyfuture is facing a intraday resistance at 22080 and 22160

Once if breaks and holds above 22160, Finding a next resistance at 22330 and 22560

Suppose if breaks and holds above 22560…….. Then will move 22840 and 23040

Today BNF can be considered as supports as 21800 and 21630

Below 21630…….. Next support around 21470

Buy at decline and keep a stop of supports.

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Last Update : 09.07 am / 20th July 2020