While updating BankniftyFuture trading at 27800. Marked a high of 27899 and low of 27611.
Now, BankniftyFuture can be considered as support around 27500-27600
If breaks and holds below 27500……. Expecting more selling pressure
(Note : If closes below 27500……. Ultimate Target 26700-26300)
BNF is facing a intraday resistance 27850-27900
If crossover 27900………. Will try to move up to 28040. But stay caution at higher levels………..!!
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Updated : 12.35 PM / 08th Aug 2019