Banknifty July last close: 37372.75 (+1.7%)
August last close: 37422.45 (+1.6%)
On Thursday, BankniftyFuture was opened gap and ended 1.7% higher
BNF was rallied more than 12% in July series
Indusindbank gained more than 30% in last series
Icicibank and Hdfcbank contribute more points to lift the bank index
VIX fell below 17.50
BankniftyFuture formed a big bullish candle on consecutibe 2nd day
Which is indicating the further bullish move
However, BNF is facing a intraday resistance 37500 and 37700
If sustains above 37700 will try to move 38000
On other hand, BNF can be considered as supports as 37350 and 37000
If there is any declines can add
Updated: 08.38 am / 29th July 2022
