26th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture Feb last close: 36555

March last close: 36719.70

BankniftyFuture March series closed with a premium of 170 points

On 25th Feb, BNF was opened gap up and went to 37243 then was seen profit booking and slipped to 36482. Finally closed at 36555

BankniftyFut was seen huge volatility despite of VIX falling

Icicibank, Hdfcbank and Kotakbank visible selling pressure

Weekly expiry ATM straddle price was closed around 1150, Maybe will spike today

SGXNifty indicating huge gap down more than 250 points and BNF also followed 300-500 points gap down

However, Let’s see technical levels

BankniftyFuture March series ended with 170 points premium at 36720

Now, BNF is considering a supports 36320, 36100 and 35900

Other side, BNF is facing a intraday resistance 36500, 36720 and 36900 (chances are remote only)

Suppose if there is any bounce likes 36500 to 36800 can sell freshly!!

More live market update will sent to my clients only

Updated: 08.25 am / 26th Feb 2021