#BankNiftyFuture noon update

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