BankniftyFuture last close: 35091.10 (+1.2%)
On Wednesday, Bankniftyfuture was seen range with up trend
BNF was opened 34850 went to 35100 then fell to 34750 again shot up to 35170
Private and PSU banks did well
Volatility index fell 4.5%
Axisbank was seen selling pressure
Indusindbank did well after long period
BankniftyFuture was formed a small bodied bullish candle on daily scale
Also formed higher highs and higher lows which was indicated some bulls action
However, BankniftyFuture is facing a intraday resistance 35200 and 35350
Once if breaks and sustains above 35350 expecting further bulls action up to 35500-35700
On other side, BNF can be considered as supports as 35000 and 34750
Below 34750, expecting some weakness
Updated: 08.36 am / 23rd Dec 2021
