Bankniftyfuture last close: 33696.20 (+2.90%)
BankniftyFuture was seen sharp rally on April 29
BNF was opened 32875 and gradually went to 33765. Finally settled at 33700
In last 5 sessions BNF was climbed more than 3000 points
Hdfcbank, Indusindbank, Icicibank and Kotakbank did very well
Axisbank was seen slightly higher
SGXNifty indicate a gap up opening and followed by bank index also will open around 34000
However, BankniftyFuture formed strong bullish candle on yesterday
BankniftyFuture is facing a intraday resistance 33870 and 34000
If sustains above 34000……….. Will try to move 34200 and 34450
BNF considering a supports 33600, 33440 and 33200
CE selling is very dangerous
After 2.30 pm long straddle is good
More live market update will be sent to my clients only
Updated: 08.42 am / 29th April 2021
