BankniftyFuture last close: 37809.90 (-1.7%)
On Wednesday, BNF was seen highly volatile and ended 1.7% down
BNF was opened 38100 then fell to 37900 again shot up to 38400
Once again fell to 37672 and finally ended at 37809
Hdfcbank did not well in last one week
PSUBank was seen selling pressure
VIX sustained around 22
SGXNifty indicates a gap up opening for the index
As per open interest 38000CE and 38500CE was seen highest OI on yesterday closing basis
However, BankniftyFuture is facing a intraday resistance 38000 and 38230
If breaks and manages above 38230 will try to move 38450-38500 levels!!
Stay caution at higher levels!!
On other side, BNF can be considered as supports as 37650, 37500 and 37370
Below 37370 will try to check 37000
Updated: 08.35 am / 29th Sept 2022
