31st Dec 2019 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 32554.05

Yesterday Banknifty was slightly down and volume also very low

BNF premium also too high almost 200 points is there

Some positive news seems Rs 6575 Cr resolution for Amaravati power project to Hdfcbank, Sbin and Indusindbank

Today BankniftyFuture is expected to trade consolidate around 32400-32600

Today BNF is facing a intraday resistance around 32585, 32620 and 32750

Stay caution at higher levels…….. Wait for fresh buying!!

Today BNF can be considered as supports as 32450 and 32360

Thereafter some profit booking will be expected up to 32200

Don’t short at very lower levels!!

More live market update will be sent to our clients only

Updated : 08.50 AM / 31st Dec 2019