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

BankniftyFuture last close: 41111.15 (-0.4%)

On Tuesday, BankniftyFuture was seen selling pressure and ended 0.4% down
BNF was opened 41530 and fell to 41035.60 finally ended at 41111
Private banks visible selling pressure
PSUBank seen outperform and gained around 3%
VIX ended below 17
Option premium seen very low due to low VIX

SGXNifty indicates a gap up opening and BNF will follow the Nifty
As per open interest 41500CE was seen highest OI

BankniftyFuture is facing a intraday resistance 41250 and 41400
If breaks and manages above 41400 finding a next resistance 41600
Major crucial resistance around the all time high 41800-41850

On other side, BNF can be considered as supports as 41200, 41000 and 40800

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Updated: 08.23 am / 27th Oct 2022