While updating BankniftyFuture were trading at 18030, marked a high of 18175 and low of 17796.65
BNF is trading well and trading 220 points higher which is supported stocks Hdfcbank, Icicibank, Kotakbank all trading around 1.5% to 2%
On weekly options, 18200CE and 18300CE seems highest OI 11 lakh and 12 lakh
On PE side 18000PE and 17800PE seems highest OI 12 lakh and 10 lakh
Now, BNF is facing a intraday resistance at 18175-18250. If crossover 18250
Then only we see more short covering!!
BNF considering supports 17950 and 17800, Below 17800 will try to check 17650
Probably BNF consolidating around 17900-18100 based on OI
More live market update will be sent to our clients
Updated : 12.20 PM / 21st May 2020
