BankniftyFuture last close: 31181.15
Bankniftyfut was opened 300 points gap up and went to 31700 on Monday
But……. Index was not sustained opening gain and erased entire gain during the day
BNF dropped from 31700 to 30989 then closed at 31181
I have recommended 31500PE at 330 and shot up to 600…….Money doubled!!
BankniftyFuture has formed small bodied bearish candle on Monday which was indicated sell on rise and favored for bears
BNF is facing a intraday resistance at 31330, 31400 and 31580
Above 2nd and 3rd resistance are crucial for today’s trade……. Stay caution!!
Today BNF considering a supports 31000 and 30900
If breaks and holds below 30900……….. Expecting further weakness up to 30700-30500
More live market update will be sent to my clients only
Updated: 08.30 am / 27th Jan 2021
