26th March 2021 #BankniftyFuture Intraday Levels and Pre-market report

BankniftyFuture March last close: 33027.80 (-1%)

April last close: 33310.40 (-0.6%)

What a terrible day on March 25, 2021

Market was given chance to both Bears and Bulls

BankniftyFuture was opened 33408 and as bears dominated and slipped up to 32391 then sustained 32500 almost 30 minutes.

After 1.30, Bulls took control BNF shot up to 33590 from 32550. Almost 1100 points rallied and again slipped from 33590 to 33000

 Yesterday BNF was moved almost 2500 points from top to bottom then bottom to top

I recommended two alerts and both rocked up normally

Bought Banknifty 32800PE 130 and went to 350 (high 550 aroud)

Second alert given BN 32800CE at 80 and booked profit at 250 (shot up to 750+)

The Bank Nifty was seen rollover of around 85 percent, which is higher than its averages for the last three series which was indicated shorts rollover!!

In March series Banknifty index was fell almost 3500 points

Let’s see today’s technical

Banknifty April series ended with 300 points premium on March 25

Today BNF is facing a intraday resistance 33480, 33650 and 33900

Stay caution at higher levels!!

Today BNF can be considered as supports as 33300, 33160 and 32900

Don’t short at lower levels

More live market update will be sent to my clients only

Updated: 08.41 am / 26th March 2021