BankniftyFuture last close: 43439.50 (-0.22%)
On Tuesday, BankniftyFuture was seen highly volatile and ended marginally lower
BNF was opened 43390 then fell up to 43045 and spiked up to 43488
In the last one hour Private banks was dominated
Icicibank, Axisbank and Indusindbank gained marginally
VIX sustained around 13.80
PE option OI increased in the last one hour
Yesterday’s low 43045 was strong support on coming days!!
However, Bankniftyfuture is facing a intraday resistance 43520 and 43600
If breaks and manages above 43600 will try to check 43720 and 43880
On other side, BNF considering a supports 43330, 43200 and 43050
Strong support zone around 43050.
If there is any declines can add and keep a stop of 43050
Updated: 08.33 am / 21st Dec 2022