26th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture Feb last close: 36555

March last close: 36719.70

BankniftyFuture March series closed with a premium of 170 points

On 25th Feb, BNF was opened gap up and went to 37243 then was seen profit booking and slipped to 36482. Finally closed at 36555

BankniftyFut was seen huge volatility despite of VIX falling

Icicibank, Hdfcbank and Kotakbank visible selling pressure

Weekly expiry ATM straddle price was closed around 1150, Maybe will spike today

SGXNifty indicating huge gap down more than 250 points and BNF also followed 300-500 points gap down

However, Let’s see technical levels

BankniftyFuture March series ended with 170 points premium at 36720

Now, BNF is considering a supports 36320, 36100 and 35900

Other side, BNF is facing a intraday resistance 36500, 36720 and 36900 (chances are remote only)

Suppose if there is any bounce likes 36500 to 36800 can sell freshly!!

More live market update will sent to my clients only

Updated: 08.25 am / 26th Feb 2021

25th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 36468.70 (+3.8%)

What a rally in last 45 minutes in Banknifty on 24th Feb

BankniftyFuture was sustained up to 11.40 when trading halt after opened 3.45 pm then only sustained within 15 minutes, At 4.07 Finance Ministry released the major benefit news for private banks

Then Banknifty rocked from 35500 to 36550. Almost 1100 points climbed in last 45 minutes!!

Hdfcbank, Icicibank, Kotakbank and Axisbank added more than 5% gain

Option premium went up

Another volatile session due to Feb month expiry

In Feb month BNF was opened at 30300 then went to 37770 again slipped 35000 and now @ 36500. Almost 10000 points movement in Feb series.

Today BankniftyFuture is facing a intraday resistance 36750, 36900 and 37200

There after will try to check 37500…….. Anything will happen today. So be caution!!

On other side, BNF considering a supports 36300, 36150 and 35950

Thereafter finding a support at 35600.

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.36 am / 25th Feb 2021

24th Feb 2021 #BankniftyFuture Intraday Levels

Bankniftyfuture last close: 35119.85 (-0.4%)

BankniftyFuture was seen much more volatility on Feb 23

BNF was opened at 35580 and slipped to 35075 again went to 35715 then slipped to 34988 and finally settled at 35119

Very tough for option buyers as well as sellers

Kotakbank was slipped more than 3%

PSU banks seen marginally higher

However, If rise sell above 36000ce, to 36800ce and if declined sell below 34500pe to 34000pe with protection.

Today’s BankniftyFuture supports and resistance levels

Entry and exit will be sent to my clients during market hours

Click here to check my packages 

Noon update will be post around 12.30 pm…….. be patience

Updated: 08.30 am / 24th Feb 2021

23rd Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 35254.55 (-1.7%)

BankniftyFuture was fell almost 2500 points in last 5 sessions that means everyday fell 500 points

Yesterday BNF was opened at 35622 then went to surprised 36116 which was helped HDFCBank again slipped up to 35075. Finally closed at 35254

BNF intraday movement was almost 1500 points

All bank stocks looks huge profit booking except Hdfcbank

HDFCBank already corrected in previous days so yesterday stock sustained

Axisbank and Icicibank was seen huge selling pressure

India volatility index rose more than 15% and settled above 25 which is indicating highly volatile will there in coming days

However, BankniftyFuture is facing a intraday resistance 35440, 35550 and 35800

If sustains above 35800………. Will try to move 36100. Suppose if comes 3rd and 4th resistance can buy PE and sell CE (above 36500CE)

BNF can be considered as supports as 35150, 35075 and 34900

Below 34900……….. more paint up to 34600

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.34 am / 23rd Feb 2021

22nd Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 35849.80 (-2.1%)

BankniftyFuture was seen selling pressure on consecutive four sessions

On Friday, BNF was opened 36402 and went to 36680 then slipped to 35570

In last four sessions BNF was slipped almost 2000 points

Main dragger Hdfcbank and slipped  more than 5%

Bankniftyfuture is considering a supports 35600 and 35450

BNF finding a major support around 35450, If breaks and manages below the level, expecting further weakness up to 35200 and 35000

On other side, BNF is facing a intraday resistance 36000 and 36225

If rise can sell, Avoid fresh buy at higher levels!!

More live market update will be sent to my clients only

Updated: 08.35 am / 22nd Feb 2021

19th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 36603.30

BankniftyFuture was declined 1100 points from last consecutive three sessions

BNF was opened 37075 then slowly slipped up to 36352 then finally settled at 36603

Volatility was seen due to weekly expiry

Hdfcbank, Icicibank, Kotakbank and Axisbank fell 1% to 3%

PSU Banks did very well like BOB gained more than 13%

SGXNifty indicate a negative opening for the index and Bank index also followed to open negative note

In last three sessions BNF was made a lower lows and lower highs which indicated sell on rise!!

Today BankniftyFuture can be considered as supports as 36500 and 36350

If sustains below 36350 then will try to check 36150 and 35900

On another hand BNF is facing a intraday resistance 36700, 36850 and 37050

Stay caution at higher levels!!

More live market update will be sent to my clients only

Updated: 08.38 am / 19th Feb 2021

18th Feb 2021 #BankniftyFuture Intraday levels

BankniftyFuture last close: 36976

BankniftyFuture was seen huge volatility on yesterday like moved both sides

BNF was opened at 37050 and went to 37400 then slipped up to 36820

HDFCBank did not well and stock lost more than 2%

PSU Banks did very well like SBI, BOB and PNB

Option premium is little bit high, can do short straddle and strangle

Volatility trade will be expecting during the day due to weekly expiry

Toda BankniftyFuture is facing a intraday resistance 37100, 37250 and 37400

Suppose if stays above 37400………Expecting further strength up to 37750

Today BNF considering a supports 36820 and 36650

Below 36650………. will try to check next support around 36400

Major support around 36400…………. Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.28 am / 18th Feb 2021

#BankniftyFuture Noon Update

While updating BankniftyFuture were trading @ 37325

BNF opened at 37050 and marked a low of 36820 (Yesterday low 36832) and went up to 37395

BNF bounced from around yesterday’s low and shot up to almost 600 points

PSU Banks doing well & especially SBIN gains 3%

Axisbank and ICICIBank marginally higher while Hdfcbank and Kotakbank marginally lower

VIX index falls 2%

Now, Bankniftyfuture is facing a intraday resistance 37400-37525.

Suppose if sustains above 37525……… Then will try to move 37770

NF considering a supports 37200 (1 hr support) and 37000

Below 37000………. finding a next support today’s low 36820

Don’t short at very lower levels!!

Updated: 12.03 pm / 17th Feb 2021

17th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 37218.15

BankniftyFuture was seen selling pressure on yesterday after the big rally on day before yesterday

BNF was opened at 37550 and went to 37770 then slipped up to 36832 and finally settled at 37218

All frontline bank stocks visible profit booking

Option straddle premium fell in last one hour

Last week BNF was struggled around 36700 and current week lifted to 37700

Today’s BankniftyFuture supports and resistance levels

Entry and exit will be sent to my clients only

Noon update will be post around 12.30 pm………… be patience!!

Click here to check my packages 

Updated: 08.29 am / 17th Feb 2021

16th Feb 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 37402.65 (+3.5%)

What a rally, Still budget rally continued after the one week consolidation

BNF was opened at 36455 and slowly went to 37543

From low to high BNF was climbed almost 1100 points

Top contributor Icicibank, Axisbank, Kotakbank and SBIN

Suppose HDFCBank if contribute maybe Bank index went to another 500 points

I think HDFCBank will contribute today and other banks maybe sustains

Option premium went up despite of VIX fell 3%

In last 30 minutes 37300 pair (CE and PE) premium added 75-100 points

Some trouble for option writers!! Take care

Is Banknifty rally will be continue ?

Already I told at 33500 on 2nd Feb, BNF ultimate target is 40000.

Now, BankniftyFuture is facing a intraday resistance 37600 and 37750

If crossover and holds above 37750………. will try to move 38000+

Supports 37200, 37000 and 36750

If there is any declines can buy buy buy or Sell PE or Buy ITM CE

More live market update will be sent to my clients only

SBIN close watch 409

Stock if sustains above the level

Further rally will be continue up to 420 and 427. (Short term target 475+)

Updated: 08.26 am / 16th Feb 2021