BankniftyFuture currently trading around 21350. Marked a low of 21140 and high of 21478.95
Sudden spike from 21200 to 21478……. Seems volatile trade!!
Now, BankniftyFuture is facing a intraday resistance 21480 and 21600
If crossover 21600 expecting some rally up to 21750…….. but stay caution at higher levels
Now, BNF considering a supports 21270 and 21130
Don’t short at very lower levels
Updated: 10.40 am / 30th Sept 2020
BankniftyFuture last close: 21450.20
As expected BankniftyFuture was fell from intraday high 21839 to 21312
Yesterday I did mention in my blog about BNF facing a resistance at 21850 and support 21300
Index unable to cross my resistance levels and not break my support level
All bank stocks was seen selling pressure except Hdfcbank
Indusindbank fell 3.5%, Axisbank declined 2.80%, Icicibank dropped 1.65% and Kotakbank fell 1.2%
Today’s BankniftyFuture supports and resistance levels will be sent to my clients only
Noon update will be post around 11 am……….. be patient!!
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Updated: 08.27 am / 30th Sept 2020
BankniftyFuture last close: 21724.50 (+3.6%)
BankniftyFuture was gained 745 points or 3.6% and closed above four days high
Index has surged 1350 points in last two sessions
On yesterday, BNF opened 21100 and gradually went up to 21765
Bulls have dominated on last two entire sessions
RBI likely to hold MPC (Monetary Policy Committee) and the next meeting will likely be held next week
All bank stocks shown strong strength especially Indusindbank gained 7.8%, Axisbank added 5.85%, Icicibank surged 4.12%, Kotakbank spiked 2% and Hdfcbank gained 1%
SGXNifty indicate a positive opening for the index and BNF also will be opened positive note
Today BankniftyFuture is facing a intraday resistance at 21850 and 21950
If crossover 21950 and manages above the level will try to check 22150
Above three resistance are crucial for today’s trade!!………. Stay caution!!
Today BNF can be considering a supports 21650, 21575 and 21500
Below 21500…………. Will try to check 21300
More live market update will be sent to my clients only
Updated: 08.21 am / 29th Sept 2020
BankniftyFuture last close: 20979.15 (+2.4%)
BankniftyFuture was climbed 2.4% on Friday was seen strong short covering on first day of Oct series
On Sept series Banknifty high was 25270 and low of 20440. Almost 5000 points fell from high to bottom
Today focus on Bank index “Interest on Interest” case hearing
If unfavorable for banks maybe Rs 15000-20000cr cut to banks
Oct series expecting volatility and range of 19500 to 24000
SGXNifty indicate a positive opening and bank index also will open positive note
Today BankniftyFuture is facing a intraday resistance at 21100 and 21230
If crossover and sustains above 21230…….. Expecting some rally up to 21350-21530
Above 3rd and 4th resistance are very crucial for today’s trade…… Stay caution!!
Today BNF can be considered as supports as 20850, 20770 and 20600
Below 20600………. Finding a next support around 20400
More live market update will be sent to my clients only
Updated: 08.20 am / 28th Sept 2020
BankniftyFuture Sept last close: 20488.90 (-3.5%)
Oct last close: 20526.75 (-3.4%)
What a day…………..But…….. I have expected that much fall
That’s why I have recommended STBT selling alert Bankniftyfuture at 21200 on day before yesterday and booked profit at 20800. Booked 400 points profit
In Sept series Banknifty was fell almost 13%. Sept month high was 25360 and low of 20405
Yesterday all bank stocks was melted. Indusindbank fell 7%, SBIN, Icicibank, Axisbank and Bandhanbank dropped 4% to 5%
SGXNifty indicate a positive opening and Bank index also will open positive note
Today BankniftyFuture is facing a intraday resistance 20640, 20780 and 20970
Above 2nd and 3rd resistance are hurdle for today’s trade!!
Suppose if crossover 20970……… Will try to check 21120
But, Stay caution at higher levels.
Today BNF considering a supports 20440, 20350 and 20200
Below 20200………. Index will break 20000 mark!!
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.33 am / 25th Sept 2020
Yesterday at 2.36 pm I sent STBT BankniftyFuture around 21150-21200 SL 21400 and Targets 20800 20700
After my alert BankniftyFuture was consolidated around 21150-21300 and closed at 21240. But my alert was STBT so hold.
Today BNF opened gap down and I sent book full profit at 20850
Booked 350 points profit per lot!!
What else you want in life ??
Updated: 10.45 am / 24th Sept 2020
BankniftyFuture last close: 21240.35
BankniftyFuture was seen huge and huge volatility on yesterday
Oops!! Before expiry session its too much volatility!!
First half index was consolidated then second half index fell from 21200 to 20800 again bounced-back up to 21300
Almost 900 points volatility on last 2 hours!!
I have recommended buying alert 21000PE at 100 and booked profit at 250
Overnight position recommended selling alert BankniftyFuture at 21200 Target 20800 20700 SL 21400. Hold position
SGXNifty indicate a gap down opening hence the bank index also will open around 21k mark
Today BankniftyFuture is considering a supports 21080, 20935 and 20800
If breaks and manages below 20800………. Expecting further weakness up to 20630
Today BNF is facing a intraday resistance 21200, 21330 and 21500
Same mantra………… Every rise can sell……….. Don’t think to buy!!
Updated: 08.28 am / 24th Sept 2020
BankniftyFuture last close: 21390.90 (-3.1%)
On Friday, BankniftyFuture was seen huge selling pressure and sudden fall from 22400 to 21800. Then bounced back up to 22100. Clearly shown weakness
On yesterday, BankniftyFuture opened at 22025 and went up to 22125 then seen huge sell-off up to 21290. Fell almost 850 points from day’s high.
Do you know ?………. I have recommended selling alert BNF at 22020-22050 but my target was 21750. Achieved given target.
HSBC and Standard Charted banks facing trouble hence reflected in Indian stocks
Many bank stocks was seen huge selling pressure likes Indusindbank fell 8.5%, Icicibank and Axisbank fell 5%, RBLbank declined 6.5%, Sbin down 3.5% and Hdfcbank fell 0.7%
Kotakbank only one bank closed in green at 0.8%
Today bankniftyfuture will open positive note and likely to witness huge volatility will be expected during the day
Today BankniftyFuture is facing a intraday resistance at 21450, 21560 and 21670
Once if breaks and holds above 21670……… Finding a next resistance around 21900
But………… Same mantra………….. Every rise sell and Don’t think to buy at higher levels!!
Today BankniftyFuture considering a supports 21230 and 21100
If breaks and holds below 21100……….. Then will try to check next strong support around 20850-20900
More live market update will be sent to my clients only
Updated: 08.18 am / 22nd Sept 2020
As expected Bankniftyfuture melting from higher levels
BNF made a high of 22125 and sustains 22000 but now……. Slide and trading around 21720
I recommended selling alert BankniftyFuture at 22020-22050 Target 21850 21750 SL 22175
After my alert almost one and half hours index sustained 22000
Now achieved given targets 21750……….. Booked almost 300 points profits!!
Minting money in every trades!!
Updated: 01.49 pm / 21st Sept 2020
Bankniftyfuture last close: 22078.40 (-1.4%)
BankniftyFuture was seen underperform in last week
On Friday, BNF sudden fall from 22400 to 21800 almost 600 points wiped-out with 10 minutes
Hdfcbank and Kotakbank fell almost 2 to 2.5%
Icicibank closed almost at flat note
SGXNifty indicate a negative for the index and BNF also will be opened negatively
Today Bankniftyfuture is facing a intraday resistance at 22275 and 22400
Above two resistance are hurdle for today’s trade. Suppose
If crossover 22400 and manages above the level will try to check 22600
But, Stay caution at higher levels and Rise on sell
Today BNF considering a supports 22000, 21880 and 21800
Below 21800……… Finding a next support around 21650
More live market update will be sent to my clients only
Updated: 08.30 am / 21st Sept 2020
