27th Jan 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 37720.50 (+2%)

On Tuesday, BankniftyFuture was seen strong strength and index rallied 2%
BNF was opened gap down at 36545 and rallied up to 37808
Axisbank was helped to lift the index and the company announced the strong earnings report
Icicibank and Hdfcbank seen marginal high
PSU bank index gained more than 4%
SBIN rallied almost 4.5%
Volatility index cool off 5% and settled around 21.50

SGXNifty indicates a gap down opening and bank index also followed by gap down opening
As per open interest 37000PE added more OI and CE side 38000CE added more OI
BankniftyFuture finding a supports 37475 and 37350
Once if breaks and manages below 37350 then will try to check 37000
As per OI, 37000 is the strong support zone
Suppose if stays below 37000 will try to check 36650-36500

BNF is facing a intraday resistance 37700-37850 then 38000

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Updated: 08.25 am / 27th Jan 2022