While updating BankniftyFuture were trading @ 32950
BNF was opened 33107 and slipped to 32655 again shot up to 32950
BNF trading with a premium of almost 130-140 points
IT index gains more than 2%, Bank index almost in flattish and Midcap index spiking 0.5%
VIX fell 1% and option premium falling slowly
Now, BankniftyFuture is facing a intraday resistance 33050 and 33175
If crossover 33175 and manages above the level…… Will move 33400+
Highest OI seems 33000CE and PE………. Is spot will close around this level ?
BNF considering a supports 32770 and 32655 (today’s low)
More live market update will be sent to my clients only
Updated : 12.59 pm / 06th May 2021
