BankniftyFuture last close: 33274.30 (-2.5%)
What a Thirsty Thursday!!
BankniftyFuture was opened 750 points gap down and fell 2.5%
BNF was opened 33510 and fell to 33160. Finally ended at 33274
All bank stocks fell up to 1% to 3%
Indusindbank fell 3.5%
Private bank did not well
Icicibank fell more than 2.5%
VIX shot up 5% and sustained around 24
Today BankniftyFuture is facing a intraday resistance 33400 and 33600
Once if breaks and manages above 33600 will try to check 33850-34000
But, Stay caution at higher levels!!
On other side, BNF can be considered as supports as 33200 and 33000
Below 33000, expecting more pain!!
Updated: 08.20 am / 20th May 2022
