BankniftyFuture Nov last close : 41483.15 (+0.5%)
Oct last close: 41283
On Thursday, BNF was seen very side-ways with positive bias
BNF was opened at 41475 then slipped up to 41175 and ended at 41283
Axisbank did well
Psubank also did very well
In Oct series Bank index was spiked up to 9%
Nov series ended with a premium of around 200 points
BankniftyFuture is facing a intraday resistance 41600 and 41750
If breaks and manages above 41750 will try to move 41900-42000
On other side, BNF can be considered as supports as 41480 and 41350
Below 41350, finding a next support around 41050
Updated: 08.26 am / 28th Oct 2022