#BankniftyFuture Noon Update

While updating BankniftyFuture trading at 34850. Open low at 34699.95 and went to 34970.05

As per OI data, 35000CE seems highest OI (11.30 am) which is indicating almost 35 lakh and PE 34500PE seems highest OI around 20 lakh

Now, BNF is facing a intraday stiff resistance 34970-35075 (Spot 35000)

BNF considering supports 34760 and 34700 thereafter will try to check 34550

Don’t short at very lower levels. BNF considering strong support around 34500

Updated: 11.36 am / 17th June 2021