While updating BankniftyFuture trading around 21800.
BNF opened at 21700 then marked a low of 21657.50 and shot up 21999.90.
Dalal street waiting for RBI Policy on tomorrow. Before the policy BNF surged 1000 points from yesterday and today.
HDFCBank seems selling pressure and stock decline from intraday high 1055 to 1030
Axisbank did well and stock spiked 4% ahead of QIP isssue
Now, BNF is facing a resistance 21830 and 22000.
Seems selling pressure at higher levels. So stay caution!! or Sell on rise!!
Below 21700………. Will try to check 21560, 21500, 21380 and 21250
Don’t short at very lower levels!!
More live market update will sent to my clients only
Updated: 11.50 am / 05th Aug 2020
