26th May 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

Bankniftyfuture last close: 34330.15 (+0.3%)

On Wednesday, BankniftyFuture was ended marginally higher 0.2%
BNF was opened gap up around 300 points at 34400 then went to 34686.90 and dropped to 34280
The final tally was BNF ended at 34302
Private banks Hdfcbank, Icicibank, and Kotakbank did well
Private banks lift the bank index
Psu bank stocks was seen selling pressure
VIX sustained around 25.50
Option premium shot-up
ATM staddle price was ended around 500
As per open interest 34500CE and 35000CE added more OI
On PE side 34000PE added more OI

Today Bankniftyfuture is facing a intraday resistance at 34400, 34500 and 34650
Strong resistance zone around 34650-34800 and stay caution at this levels

On flip side, BNF can be considered as supports as 34300, 34200 and 34100
Below 34100, will try to check 33900

Updated: 08.35 am / 26th May 2022