While updating BankniftyFuture trading @ 33750
BNF marked a high and low of 33913.75 & 33674.40.
As per OI, highest OI seems 34000CE and option writer dominated CE side
As per technical, BNF is considering a strong intraday support at 33650 (Yesterday’s low)
If breaks and sustains below the level, Expect further weakness
If not breaks 33650 and if manages 33860…….. Will try to move 33940-34050
Watch given levels!!
Updated: 11.34 am / 20th May 2021