Bankniftyfuture last close: 31762.85 (+2.1%)
BankniftyFuture was seen sharp rebound on April 22
BNF was opened 30800 and made a low of 30588.95 then rallied up to 31824
BNF was closed three day’s high of 31763
Tomorrow ICICIBank will be declare earnings report
Next week option premium was seen very huge
ATM straddle premium was closed more than 1300 (31700CE and PE)
BankniftyFuture formed a bullish candle on the daily chart and BNF did not break weekly low 30450 and broken weekly 31783 on yesterday
BNF is facing a intraday resistance 31850 and 32075 which was indicated last week close
Yes, last week close 32075 is a strong resistance for today’s trade!!
Today BNF can be considered as supports as 31630, 31500 and 31380
Below 31380………….. more pain up to 31000
More live market update will be sent to my clients only
Updated: 08.45 am / 23rd April 2021
