BankniftyFuture last close: 36157.80 (-3.2%)
On Friday, BankniftyFuture was slipped more than 3% and ended nearly 36000
On last week BNF was down 2000 points and fell 5800 point from recent high like 14%
All bank stocks was seen huge selling pressure
Bandhan bank fell more than 10%
Volatility index spiked 25% at 20.80
Option premium shot up on Friday due to high VIX
PSU Bank index fell 3%
BankniftyFuture This Week Trend Decider 35450 and 37500
BNF was formed big bearish candle on Friday
Today BNF is facing a intraday resistance 36350, 36500 and 36775
Stay caution at higher levels!!……. If sustains above 36775 then will try to check 37000
On other side, BNF can be considered as supports as 36000, 35775 and 35450
Below 35450….. Expecting more pain!!
More live market update will be sent to my clients only
Updated: 8.27 am / 29th Nov 2021
