BankniftyFuture last close : 30879.05
BankniftyFuture was fell 1.4% on Yesterday’s trade
BNF was opened at 31050 and went up to 31239 again slide up to 30850
Saw a huge volatility, In that case can trading straddle options
HDFCBank was broken strong support and fell more
Yesterday I did mention in our blog “BNF has changed bearish trend & every rise to sell”
What happened on Yesterday ?? BNF has slide from 31239 to 30850
Today BankniftyFuture is facing a intraday resistance at 30980 and 31100
If all is well…….. BNF if crossover 31100 then finding a next resistance at 31250
But, Stay caution at higher levels!!
Today BNF can be considered as supports as 30770 and 30650
Below 30650………… Next support around 30475
Don’t short at lower levels!!
More update will be sent to our clients only
HDFCBANK has closed below Three months low
Favored for bears……….. If rise sell……… likes 1220-1230
Down side strong support @ 1180
Updated : 08.15 AM / 28th Jan 2020
