BankniftyFuture last close: 29908.50
BankniftyFuture opened at 29580 and went gradually up to 29950
Almost 2-3 hours BNF was sustains 29800-29900 on Dec 23
Banknifty options premium fell heavily today’s expiry and next week expiry
Avoid strangle trade due to low premium
BankniftyFuture formed a small bodied bullish candle on daily chart
BNF is facing a intraday resistance at 30000, 30070 and 30200
If crossover and holds above 30200………. Maybe will try to check 30350
I am not expecting much volatile and expect side-ways trade on today
Today BNF considering a supports 29830, 29750 and 29600
Don’t short at lower levels!!
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Updated: 08.41 am / 24th Dec 2020