BankniftyFuture finally broken five and half month high and manages above the level
BNF opened at 23150 and went up to 23285 now sustains 23230
Axisbank, Sbin, and Kotakbank gained almost 0.5% to 2%
Hdfcbank marginally lower level and Icicibank at flat trade.
Bank index last two times attempted around 23100-23200 then failed and crashed up to 21000
Today third attempt…………Wait and see!!
Now, BankniftyFuture is facing a intraday resistance 23280-23330
If breaks and manages above the level……….. Try to check next resistance 23500
Index considering a supports 23150, 23050 and 22980
Below 22980…….. can create shorts with stop of today’s high for positional not for intraday.
More live market update will be sent to my clients only
Updated: 11.56 am / 26th Aug 2020
