#BankniftyFuture noon update

While updating BankniftyFuture were trading @ 31935.

BNF opened at 31875  and made a low of 31798 and shot up to 31971.90

Icicibank gain 1.5%, Sbin up 1.75% while Hdfcbank and Axisbank marginally lower

In last 2 hrs bankniftyfuture seems range with volatile trade

ATM option premium sustains

Highest OI seems 32000CE and 31500PE

Now, BankniftyFuture is facing a resistance 32040 and 32170

Thereafter expecting more strength up to 32450 (All time high)

BNF considering a supports 31880 and 31775……. Thereafter will be check 31600

Updated: 12.20 pm / 06th Jan 2021