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

Last close: 35040.90 (+0.9%)

On Friday, BankniftyFuture was opened 34800 and made a low of 34400 then spiked up to 35130. Finally settled at 35040

On last week BNF was took support around 34400 to 34500 then bounced to 35k

Hdfcbank was underperform on last week

Icicibank, Axisbank and PSU banks was lift the bank index on Friday

Today Kotakbank  and Axisbank going to declare earnings report

Icicibank reported mixed earnings report and marginally increased NPA

SGXNifty indicate a gap down opening and bank index also will open 200-300 points down

On Friday, Highest open interest was seen 35000CE and 35500CE

PE side equal OI was seen 35000pe, 34500pe. As per OI range between 34500-35100.

Let’s see technical levels!!

BankniftyFuture is facing a intraday resistance 35120, 35200 and 35350

Stay caution at higher levels.

BNF can be considered as supports as 34900, 34800 and 34650

Below 34650, will try to check 34400

More live market update will be sent to my clients only

Updated: 08.28 am / 26th July 2021