BankniftyFuture last close: 21240.35
BankniftyFuture was seen huge and huge volatility on yesterday
Oops!! Before expiry session its too much volatility!!
First half index was consolidated then second half index fell from 21200 to 20800 again bounced-back up to 21300
Almost 900 points volatility on last 2 hours!!
I have recommended buying alert 21000PE at 100 and booked profit at 250
Overnight position recommended selling alert BankniftyFuture at 21200 Target 20800 20700 SL 21400. Hold position
SGXNifty indicate a gap down opening hence the bank index also will open around 21k mark
Today BankniftyFuture is considering a supports 21080, 20935 and 20800
If breaks and manages below 20800………. Expecting further weakness up to 20630
Today BNF is facing a intraday resistance 21200, 21330 and 21500
Same mantra………… Every rise can sell……….. Don’t think to buy!!
Updated: 08.28 am / 24th Sept 2020