BankniftyFuture last close: 35488.65 (+1.9%)
BankniftyFuture was rebounded from three days snap on Friday
BNF was opened 35000 and went to gradually up to 35665 but in last 30 minutes fell almost 200 points from day’s high
All private banks did very well on Friday
Axisbank, Icicibank, Kotakbank, Hdfcbank moved significantly
PSU banks also did well. Especially SBIN shot up to 2%
BankniftyFuture this week trend decider 36000 and 34500
Today BankniftyFuture is facing a intraday resistance at 35580-35700
Once if breaks and sustains above 35700 expecting the rally up to 35950-36000
On first week of June, BNF was hammered around 35900-36000 almost 2-4 sessions
Now……… Close watch 35900-36000. Suppose if crossover and holds above the level
Expecting more rally on coming days!!
BNF can be considered as supports as 35370, 35300 and 35000
More live market update will be sent to my clients only
Updated: 08.25 am / 28th June 2021
