Bankniftyfuture last close: 37350.85 (-0.8%)
On Tuesday, BankniftyFuture was opened gap down at 36935 and went to 37640
Finally the Bank index was ended at 37350.85 down 0.8%
Volatility index spiked 15% and settled around 27
Option premium was seen too high due to high VIX
Bank stocks was seen highly volatility
On Open Interst side, Highest OI added on CE side. 38000CE added more OI
PE side 37000PE added more OI
Technically, BankniftyFuture is facing a intraday resistance 37480 and 37650
If stays above 37650 will try to check 37800-38000 levels
But, Stay caution at higher levels!!
On flip side, BNF can be considered as supports as 37150 and 37000-36900
Below 36900……will try to check 36600
More live market update will be sent to my clients only
Updated: 08.22 am / 23rd Feb 2022
