BankniftyFuture last close :16929.75
What a volatility market……. Oops!!
BankniftyFuture was opened at 17550 and went up to 17950 then slide up to 16020 again went up to 17500. Finally closes at 16929
Did you know ?……… Yesterday’s swing was 3800 points!! Worst scenario.
Banknifty 14k, 15k and 16k PE was huge open interest on Yesterday… Maybe writing!!
Today BankniftyFuture is facing a intraday resistance at 17100 and 17350
If crossover 17350 with volumes, Finding a next resistance at 17550 and 18000
Today BNF can be considered as supports as 16700, 16450 and 16200
Below 16200………… Expecting more weakness up to 15700
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Updated : 07.57 AM / 25th March 2020