While updating Bankniftyfuture were trading at 29550
BNF opened at 29953 and went up to 30190 then cooled off 29495
VIX index climbing 9% at 23, seems huge volatility due to Nov expiry on tomorrow
In Nov series Banknifty was rallied from 23600 to 30190…….Gained almost 6600 points, Hence expecting huge volatility on today and tomorrow
Now, BankniftyFuture considering a support around 29400-29330
If breaks and sustains below 29330……. Then we see further sell-off up to 29000
Index facing a resistance 29775 (Two hrs resistance) and 30000 (two and half resistance)
Trade low qty!! OR Stay away
Updated: 12.31 pm / 25th Nov 2020
