While updating BankniftyFuture were trading at 19730. Marked a high of 20199 and low of 19455. Bank index climbing 5% or 850 points.
FM media address at 4 PM. How will allocate 20 lakh Cr ? She will briefing 4 PM.
So it will react tomorrow market.
Icicibank gained 5%, Hdfcbank 4%, Axisbank & Sbin 5%, and Kotakbank 4%
But…….. BNF is not retained at higher levels likes 19850-20100
Now, BNF is facing a intraday resistance at 19850, 19970 and 20100
If not sustained above levels……. Will try to check next supports 19570, 19450 and 19300.
Maybe BNF will consolidate around 19600-19900 in next 3 hours.
More live market update will be sent to our clients only
Updated : 12.13 PM / 13th May 2020
