BankniftyFuture last close: 37598.05 (-1%)
On Friday, BankniftyFuture was seen highly volatile with range of 500 points
BNF was opened 37700 went to 37814 then fell to 37276 Finally ended at 37598
On last week, BNF was fell from 38965 to 37300. Down almost 2%
All private banks and PSU Banks was seen selling pressure
Volatility index surged 8% to around 19
Icicibank announced the good earnings report on last Saturday
Axisbank going to announce their earnings report on 24 Jan
BankniftyFuture Trend Decider For This Week 37000 and 38200
Today BankniftyFuture is facing a intraday resistance 37650, 37700 and 37900
Stay caution at higher levels!!
On other side, BNF can be considered as supports as 37450, 37300 and 37000
Below 37000….. Expecting more pain
More live market update will be sent to my clients only
Updated: 08.39 am / 24th Jan 2022
