30th April 2021 #BankniftyFuture Intraday Levels and Pre-market report

BankniftyFuture April last close: 33729.60

May last close: 33807.25

BankniftyFuture was closed with a premium of around 90 points in May series

On 29th April, BankniftyFuture was opened 33902 and went to 34298 in first 15 minutes then bears came with full power and index dropped up to 33271. Finally settled at 33729

Huge volatile was seen ahead of April series expiry

Hdfcbank, Axisbank, Icicibank and Kotakbank was seen selling pressure

Today focus on Indusindbank and company will declare earnings report

SGXNifty indicate a gap down opening for the index and followed by bank index

However, BankniftyFuture was formed a doji kind of pattern on daily scale which was indicating sell on rise formation. But, Formed higher highs and higher lows.

BNF can be considered as supports as 33650, 33500 and 33380

If stays below 33380……….. Finding a next support around 33000

BNF is facing a intraday resistance 33810, 33930 and 34200

If there is any rise can sell with stop of yesterday’s high for positional trade!!

More live market update will be sent to my clients only

Updated: 08.43 am / 30th April 2021