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
More live market update will be sent to my clients only
Updated: 08.28 am / 26th April 2021
