BankniftyFuture last close: 35698.10 (+0.1%)
On Thursday, BankniftyFuture was seen strong consolidation around 35500-35700
Finally Banknifty was ended flat note
Psubank index surged 1%
Private bank stocks was seen selling pressure
VIX sustained around 20.50
BankniftyFuture formed a small bodied bullish candle which means closed above the opening level
SGXNifty indicates a gap up opening for the index so Bank index also will open gap up
However, BankniftyFuture is facing a intraday resistance 35800, 35900 and 36100
Once if breaks and sustains above 36100 will try to move 36350
On other side, BNF can be considered as supports as 35800, 35650 and 35500
If declines can buy
Updated: 08.10 am / 03rd June 2022
