26th April 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

Bankniftyfuture last close: 31709.60

BankniftyFuture was seen highly volatile on April 23

BNF was opened 31505 and went to 32169.90 then dropped 31700

Icicibank declared inline with marginally below estimate

Today focus on icicibank

Option premium did not fall on Friday ahead of Monday’s fear

But, Now SGXNifty indicate a smart opening above 14400

Expecting option premium and VIX also will fall today

Tomorrow Axisbank will declare their earnings report

SGXNifty indicate a positive opening for the index and likely to witness volatile will be continued during the day

Today BankniftyFuture is facing a intraday resistance 31920, 32050 and 32200

If crossover 32200 with volumes then will move major resistance zone 32350-32440.

BNF can be considered as supports as 31700, 31550 and 31375

Don’t short at very lower levels

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Updated: 08.28 am / 26th April 2021