BankniftyFuture last close: 40697.35 (-1.3%)
What a terrific Thursday!!
BankniftyFuture was opened 41000 and went to 41218 again dropped to 40400
Once again spiked to 41000 then fell to 40700….. Oops!!
Finally BNF was settled at 40697.35 down 1.3%
Psubank did not well
Private bank also was seen selling pressure
VIX sustained around 18.50 to 19.50
BanknifytFuture formed a small bodied bearish candle
However, BNF is facing a intraday resistance at 40850, 40940 and 41150
Above resistance are hurdle for today’s trade!!
On other side, BNF can be considered as supports ad 40550 and 40400
If breaks and manages below 40400 will try to check 40220 and 39900
Updated: 08.44 am / 23rd Sept 2022