BankniftyFuture last close: 34874.80 (-0.9%)
On Friday, BankniftyFuture was seen highly volatile and declined almost 1%
BNF was opened 35250 and fell up to 34614. Finally ended at 34875
BNF was traded very volatile with low volume
Volatility index surged 3%
Option premium was ended higher levels
As per open interest, 35000CE and PE was seen equal OI
PE side there is no significant OI up to 34000
CE side highest OI added 35500CE
This week BankniftyFuture Trend Decider 34100 & 35550
On Friday, BNF was formed a bearish candle which was indicated sell on rise mode
However, BNF is facing a intraday resistance 34950, 35100 and 35300
Stay caution at higher levels!!
On other side, BNF can be considered as supports as 34750, 34600 and 34450
Below 34450, expecting futher weakness up to 34100
More live market update will be sent to my clients only
Updated: 08.30 am / 27th Dec 2021
