30th Aug 2021 #BankniftyFuture Intraday Levels and Pre-market Report

BankniftyFuture last close: 35725.50 (+0.3%)

On Friday, BankniftyFuture was opened 35675 and consolidated 35550-35750 in whole day

Hdfcbank, Icicibank, Axisbank and Sbin sustained

Volatility index ended at 13.30

Option premium was seen very low

At The Money straddle was ended around 580

SGXNifty indicate a around 75 points gap up and BNF also will open around 35900-36000

As per open interest, 35500PE was seen highest OI which is indicating strong support zone around 35500

There is no significant OI in CE side on Friday’s closing

Today BNF is facing a intraday resistance 35830, 35925 and 36050

If stays above 36050 then will move  to next resistance zone 36250

BNF can be considered as supports as 35650, 35500 and 35400

If comes lower level can sell PE and buy CE until 35400

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Updated: 08.36 am / 30th Aug 2021