27th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 34962.80 (-0.2%)

On 26th July, BankniftyFuture was consolidated around 34850-35050 in whole day

Bears and bulls both was dominated

Very tough for retail intraday traders

Option sellers also facing huge trouble in this kind of market

Hdfcbank once again shown weakness

Icicibank climbed almost 2% after weak results

Axisbank declared weak earnings report post market hours

July series BN was opened 34916 and yesterday ended at 34921. Net changed 5 points in last 17 sessions.

BankniftyFuture formed inside bar candle which was indicated unclear trend

However, as per open interest side 35000CE was seen highest OI and PE side 34000PE. Something cooking 35000 to 34000PE

BNF is facing a intraday resistance 35070 and 35200

If stays above 35200, Then will try to move 35350. Stay caution at higher levels

BNF can be considered as supports as 34885, 34800 and 34700

Below 34700, Finding a next support around 34550

More live market update will be sent to my clients only

Updated: 08.40 am / 27th July 2021