28th March 2022 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 35558.80 (-0.2%)

On Friday, BankniftyFuture was seen range with volatile and index ended almost flat
BNF was opened 35700 then fell to 35259 again rallied up to 35600
On last week, Bank index fell around 2.5% and seen underperform
Volatility index cooled off and sustained around 23
Hdfcbank did not well on last whole week
PSU Bank stocks also not well
Option premium seems little high
ATM straddle was ended around 1030 despite of VIX was at 23

BankniftyFuture Weekly Trend Decider 35000 and 36000
Today BankniftyFuture is facing a intraday resistance 35650 and 35725
If stays above 35725 then will try to check 35850-36000
Stay caution at higher levels!!

On other side, BNF can be considered as supports as 35450, 35375 and 35250
Below 35250, finding a next support around 35000

Updated: 08.26 am / 28th March 2022