BankniftyFuture last close : 30771.60
Yesterday Banknifty fell almost 400 points from intraday high and 2000 pts wiped-out from recent high.
Most of the bank stocks result was very poor likes Indusind, Kotak, HDFCBank
ICICIBank result was good but stock not sustained ahead of bear’s selling power
Day after tomorrow SBIN result will be there……!!
Today BankniftyFuture is facing a intraday resistance at 30880 and 31000
If crossover 31000 with volumes……. Will try to move 31200
But stay caution at higher levels and can go short at resistance zone!!
BNF considering support at 30680 and 30550……….
Thereafter will be checked 30350……….
(Note : If any positive news will come on Budget likes LTCG. Banknifty will test recent high suppose if not…….. Ultimate target 29000)
More live market update will be sent to our clients
Last close : 315.10
SBIN day after tomorrow result will be declared
Now……… Stock finding a very strong support at 310
If fails to take support at 310………. We see more weakness!!
Updated : 08.58 AM / 29th Jan 2020
