26th Nov 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 29208.70 (-1.8%)

 What a volatility on yesterday’s trade

Index was opened at 29953 and went up to 30190 then took U turn and bears dominate on entire day……….index slipped up 29150

Almost 1000 points dropped from intraday high

All leading banks stock fell 2% to 4%……. Like hdfcbank, Axisbank, Kotakbank, and Icicibank

Today expecting another volatile day ahead of November series expiry

BankniftyFuture was broken 30000 scale but did not sustained and fell more than 1000 points from intraday high 30190 to 29148 on yesterday

Index was formed a strong bearish candle after the rallied from 23500 to 30200

Now, Yesterday’s high is the strong resistance zone for coming days

Let’s see today BNF is facing a intraday resistance 29400, 29525 and 29800

Above 2nd and 3rd resistance is the crucial for intraday……… Stay caution!!

 Today BNF considering a supports 29150, 29000 and 28800

Strong support zone around 28500……….

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Updated: 08.28 am / 26th Nov 2020