While updating BankniftyFuture were trading at 29700, marked a high of 29912 and low of 29601
Since morning onwards index seems consolidating around 29650-29750
Kotakbank, Hdfcbank and Icicibank seems selling pressure
Sbin and Axisbank looks good and marginally higher
Now, Bankniftyfuture is facing a intraday resistance 29790, and 29900 (2 & 3 hrs top)
If manages above 29900 then will move 30100+
Suppose if not breaks today’s high and if sustains below 29600
Will try to check 29450 and 29300
But…….. I am not expecting so much volatility and will continue sideways trade!!
Updated: 12.24 pm / 02nd Dec 2020
