While updating Bankniftyfuture is trading 24540, Marked a high of 24795 and low of 23698.
Bank stocks seems selling pressure and index down 0.8% despite of Nifty at 0.25%
Hdfcbank, Icicibank, Kotakbank down around 1% and Axisbank gain 0.8%
BankniftyFuture seems highly volatile ahead of Oct expiry on tomorrow
Now, BankniftyFuturue is facing a intraday resistance 24670 and 24800
Suppose if crossover 24800 with volumes then will move up to 25050
But……… Stay caution at resistance zone!!
BNF considering a supports 24450, 24375 and 24200
Below 24200………….. Then will check 23950
Don’t short at very lower levels!!
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Updated: 12.23 pm / 28th Oct 2020