BankniftyFuture last close : 20294..35 (+1.3%)
BankniftyFuture was underperformed on Friday’s trade
On Friday, Banknifty was gained 1.3% only despite Nifty was climbed 6.30%
Most of the bank stocks like HDFCBank and Indusindbank saw very weakness
First know to Today’s circuit levels…..Bank Nifty spot – 10% circuit at 18,285.80, Circuit 15%at 17,270 and Circuit 20% at 16,254.10
Today BNF will be opened at gap down and considering supports 19300 and 18800
Below 18800……. Finding a next support around 18300 and 17700
As per 5 year’s technical chart BankniftyFuture considered as strong support as 16600
No need to write Today’s resistance!!
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Updated : 08.03 AM / 23rd March 2020
