22nd Sept 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 41244.95 (-0.6%)

On Wednesday, BankniftyFuture was seen highly volatile
BNF was opened 41300 and went to 41550 then dropped to 40940
Finally ended at 41245 down 0.6%
Hdfcbank sustained and ended flat note
Icicibank and Indusindbank was seen selling pressure
VIX sustained around 18.50
Psubank visible selling pressure on Sept 21

As per open interest data, Banknifty 41500CE added more OI
PE side 41000PE seen marginally higher OI
However, BNF is facing a intraday resistance 41350, 41420 and 41600
Above resistance are crucial for today’s trade!!

On other side, BNF can be considered as supports as 41120, 41000 and 40900
If breaks and manages below 40900 will try to check 40700-40600

Updated: 08.30 am / 22nd Sept 2022