Bankniftyfuture last close: 35617.65
On yesterday, BNF was fell from intraday high 35909 to 35520 and finally settled at 35617
Day before yesterday BNF was climbed more than 600 points and yesterday lost marginally lower
Yesterday I mentioned BNF crucial resistance around 36000.
Hdfcbank, Icicibank and SBIN all heavy weight stocks ended almost flat
Volatility index up 3.5% but option premium was seen lower
Yesterday closing open interest data was shown 36000CE and 35000PE added more OI
Second highest OI was seen 35500CE and PE. As per OI data BNF will not be much fluctuation.
Today BNF is facing a intraday resistance 35700, 35820 and 36000
Above resistance are hurdle for today’s high. If comes higher level sell CE and Buy PE.
BNF can be considered as supports as 35500, 35400 and 35275
Don’t short at very lower levels!!
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Updated: 08.30 am / 26th Aug 2021
