30th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture July last close: 34691.40 (+0.4%)

Aug last close : 34832

On Thursday, BankniftyFuture was seen highly volatile with range

BNF was opened at 34675 and made a low of 34777 again bounced back to opening level

SBIN and ICICIBANK did very well and supported to lift the bank index

Hdfcbank, Axisbank and Kotakbank fell 1-2%

Volatility index was down 5% but volatility more

SBI will be declaring earnings report on Aug 4 (Wednesday)

SGXNifty indicated negative opening for the day and BNF also followed by negative opening

However, BNF is facing a intraday resistance 34900, 35000 and 35200

Yesterday Icicibank and Sbin was supported to bank index so gained marginally

If frontline bank stocks is support to Bank index will move above 35200

Otherwise, BNF finding a support at 34720, 34600 and 34400

The major support around 34000-34200 (For August series)

More live market update will be sent to my clients only

Updated: 08.32 am / 30th July 2021