30th June 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 21235.20 (-1.1%)

Bankniftyfuture was seen consolidated trade on yesterday

BNF was made low of 20886.35 then spiked up to 21250…… Finally closed at 21235

(I did mentioned in my blog “BNF will take support around 20800)

HDFCBANK did very well after fund raising news ( I did recommended 1040CE to hold)

BNF was seen 135 points discount….. and I expecting it will comes to reduce discount

Axisbank fell 4.73%, BOB dropped 5%, Indusindbank and Bandhanbank fell around 3%

HDFCBank added 1.85% to contribute bank index climb

Today BankniftyFuture will be open at higher level followed by global cues

BankniftyFuture is facing a intraday resistance 21350 and 21475

If crossover and holds above 21475……… Finding a next resistance around 21650

BNF considered as supports as 21150, 20995 and 20800

Will act strong support zone around 20800…….. Below the level bears will be dominate

Means if decline can buy with a stop of 20800

More live market update will be sent to my clients only

HDFCBANK has shown strong strength on yesterday after fund raising news

Stock if holds above 1065…….. Will try to check 1090, 1105 and 1125

Supports 1065 and 1050

ICICIBANK considering a support zone around 334-336

If not breaks the level…….. no problem!!

Updated : 08.30 AM / 30th June 2020