28th June 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 33862.75 (+0.6%)

On Monday, BankniftyFuture was seen consolidated with positive bias
BNF was opened high at 34180 then slipped to 33761. Finally ended at 33862
BNF was slipped almost 350 points from day’s high to low
Private bank stocks was seen selling pressure from higher levels
VIX sustained around 20.50
Hdfcbank and Icicibank fell almost 1% from day’s high to close
Option premium seems little bit lower due to low VIX

BankniftyFuture has formed a small bodied bearish candle
On open interest side, 34000CE added huge OI and PE side there is no significant OI

However, BankniftyFuture is facing a intraday resistance 33900 and 34000
If stays above 34000 will try to check 34200
Stay caution at higher levels!!

On other side, BNF can be considered as supports as 33740, 33640 and 33500
Below 33500 will try to check 33250

Updated: 08.33 am / 28th June 2022