While updating BankniftyFuture were trading @ 35780
BNF trading around 100 points premium
BNF opened at 35600 and marked a low of 35470 then shooting up 15823
Icicibank, Hdfcbank, Axisbank and Indusindbank seems marginal highs below 1%
As per open interest, 35500PE and followed by 35000PE seems highest OI
CE side, 36000CE seems highest OI
Overall total OI seems more than 2.5 crore OI in PE and CE around 2 crore OI
Which is indicating BNF showing strength above 35500
Now, BNF is facing a intraday stiff resistance 35850, 35925 and 36000
Above 36k……….. Expecting more and more short covering!!
Supports 35630, 35500 and 35350
More live market update will be sent to my clients only
Updated: 12.07 pm / 07th July 2021
