28th April 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 20107.10

Bankniftyfuture has sustained at higher level despite of Nifty fell almost 100 pts from day’s high

Icicibank, Kotakbank, Axisbank and Indusindbank did very well, but Hdfcbank not supported

After market hours Indusindbank result came and result was mixed only. Focus Indusindbk

Today Axisbank result will be declaring maybe after market hours

Today BankniftyFuture is expected to open at positive note

In last five sessions BNF has trading range was 19100-20300

Today BNF is facing a intraday resistance at 20260 and 20420

Thereafter expecting further rally up to 20730-20900.

Today BNF considering supports 20150, 20020 and 19850

Don’t short at lower level & If comes decline can buy with stop of supports

For option trader : Sell 18500 to 19200 PE.

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Last close : 407.40

After market hours result was released

Mixed result, But stock was fell from 1595 to 235 in last 4 months. Now @ 407

Technically, stock finding a resistance at 425-433.

Above 433 and holds above the level, Expecting some rally upto 450-470

Supports 395 and 380………….Then 368, 350

Updated : 08.12 AM / 28th April 2020