Bankniftyfuture last close: 22078.40 (-1.4%)
BankniftyFuture was seen underperform in last week
On Friday, BNF sudden fall from 22400 to 21800 almost 600 points wiped-out with 10 minutes
Hdfcbank and Kotakbank fell almost 2 to 2.5%
Icicibank closed almost at flat note
SGXNifty indicate a negative for the index and BNF also will be opened negatively
Today Bankniftyfuture is facing a intraday resistance at 22275 and 22400
Above two resistance are hurdle for today’s trade. Suppose
If crossover 22400 and manages above the level will try to check 22600
But, Stay caution at higher levels and Rise on sell
Today BNF considering a supports 22000, 21880 and 21800
Below 21800……… Finding a next support around 21650
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Updated: 08.30 am / 21st Sept 2020