#BankniftyFuture Noon Update. Strong support zone 34400-34600 and Resistance ??

While updating BankniftyFuture were trading at 34850

BNF opened at 34900 and marked a low of 34651 then went to 35184 again slipped and trading at 34850

PSU banks seems selling pressure and SBIN down 1%

Hdfcbank, Icicibank and Axisbank almost in green zone and Kotakbank down 0.5%

Let’s see technical levels, BankniftyFuture unable to sustained above 35000 in last two sessions

BNF seems heavy selling pressure at higher levels like 35150-35500

Stay caution at above resistance zone!!

On other hand, BNF considering a supports 34650 and 34450 which was day before yesterday’s low.

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 12.26 pm / 17th March 2021