BankniftyFuture Aug last close: 35612.15
Sept last close: 35738.25
On yesterday, As my expectation BNF was absolutely range between 35550-35800
I have recommended short straddle 35500 pair and 35700 pair both given amazing return
Hdfcbank and Icicibank did well and managed Bank index
Volatility index sustained 13.20
Banknifty Aug series rallied almost 900 points
In last three series (June, July, and August) BankniftyFuture was range between 34000 to 36500. Let’s see in Sept series will it break or once again sustained ?
However, Today BNF is facing a intraday resistance 35850 and 36000
If breaks and sustains above 36000 will try to move 36200
BNF can be considered as supports as 35730, 35600 and 35500
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.45 am / 27th Aug 2021
