BankniftyFuture last close: 24557.95
BankniftyFuture was seen extremely volatile on weekly expiry
Options premium was too high until 2.30 pm. Huge trouble for option seller as well as option buyers
Do you know ? 24500CE PE both trading was 125 at 2.50 pm and spot trading was 24480. So huge expectation of index will move violent after 2.50 pm. But finally closed around both ce and pe around 20
I recommended BankniftyFuture selling alert around 24650-24700 and booked profit at 24400
SGXNifty indicate a positive opening for the index and followed by bank index positive opening
Today Banknifty is facing a intraday resistance at 24630, 24700 and 24880 which was placed day before yesterday’s high
Suppose once if breaks and manages above 24880 then will move 25030 and 25250
Today BNF considering a support at 24470, 24410 and 24300
Below 24300……….. Finding a next support around 24100
More live market update will be sent to my clients only
Updated: 08.23 am / 23rd Oct 2020
