27th March 2020 #BankniftyFuture Intraday Levels

BankniftyFuture March last close : 19597.90

April last close : 19338.90

RBI Governor to address media at 10 AM

Expecting some announcements likes, extended loan payment or EMI or Rate cut

Banknifty April series closes with a discount of 275 points…… Seems long unwinding!!

Today BankniftyFuture is facing a intraday resistance at 19500 and 19720

After Governor speech BNF if sustains above 19720, Finding a next resistance 20000 and 20350.

Today BNF can be considered as supports as 19200 and 18950

Below 18950, Expecting some weakness up to 18700 and 18450

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Updated : 08.32 AM / 27th March 2020