While updating BankniftyFuture were trading at 22330. Marked a high of 22580 and low of 22280
Index fell 300 points from intraday’s high
RBI Governor Shaktikanta Das delivers the keynote address at FICCI National Executive Committee Meeting
Icicibank, Kotakbank and Axisbank down 1% to 2% and Hdfcbank seems marginal gains
Now, BankniftyFuture seems selling pressure at higher levels and not sustained opening level
BNF considering a supports 22275, 22150 and 22050…. Below 22050 expecting more pain
Index facing a intraday resistance at 22400 (1 hrs resistance) and 22530 (3 hrs resistance)
Suppose if consolidate above 22530…….. Will try to move 22700. But stay caution at higher levels
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Updated: 12.03 pm / 16th Sept 2020
