BankniftyFuture last close: 17438.75
BankniftyFuture was opened positive note then seen selling pressure and closed in red
BNF was opened 17735 and went up to 18165 then fell and made a low of 17318
Yesterday morning I did written in my blog BNF resistance at 18250 and support 17300
I have recommended buying alert 18000PE at 400 and achieved target 700
Kotakbank, Icicibank gained 1% and Hdfcbank, Axisbank dropped 0.75%
Today BankniftyFuture is facing a intraday resistance at 17580, 17680 and 17900
Above three levels are crucial resistance for today’s trade!!
If crossover 17900 and holds above the level…….. Will try to check 18200
But, Stay caution at higher levels!!
Today BNF can be considered as supports as 17350, 17200 and 16960
Below 16960……….. expecting more weakness up to 16700
More live market update will be sent to my clients only
Updated : 08.13 AM / 20th May 2020