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#BankNiftyFuture Noon Update

While updating BankNiftyFuture were trading  34589. Marked a high of 34772.75 and low 34531

As per open interest 35000CE seems highest open interest and followed by 34700, 34800CE. PE side 34000PE highest OI and followed by 34500PE

As per OI data banknifty seems selling pressure at every rise.

BNF facing a intraday resistance 34650-34730. If sustains above 34730

Expecting short covering up to 34900-35000. But chances are remote only.

BNF considering a supports 34500, 34430 and 34300

More live market update will be sent to my clients only

Updated: 12.21 pm / 29th July 2021

29th July 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15709.10

On 28th July, What a terrible day. First half bears have dominated and second half bulls have dominated. End of the Bears have won

NF was opened high of 15774.95 then vertically fell up to 15510 again went to 15710

Nifty50 ended below 15750 and Sensex was down more than 100 points

NF was once again bounced from crucial support 15500

Investors lost more than 1 lakh crore market capitalization in last three sessions

Hdfcbank, Axisbank, Kotakbank fell more than 2%

Reliance fell another 2%

Buying action was seen Telecom, metals and selling pressure visible banks and auto stocks

India volatility index spiked 20% in middle of day then ended 5% up

Midcap and smallcap index was down 0.5%

Tatava Chintan IPO to debut today. The issue was subscribed 180 times during July 16-20. The second highest subscription seen among IPO in 2021

Today’s result stocks Techm, Colpal, Concor, Pvr, Lishsgfin, MotilalOswal, Tvsmotor, and Industower

FIIs net sold 2275 crore while DIIs net bought 921 crore

US market ended mixed on Wednesday

Asian markets were set to marginally higher and HongKong rebound in Thursday

NiftyFuture formed bearish candle on the daily chart with a long lower bottom which indicating declines were quickly being bought.

However, Nifty indices ended above 50 DMA

As per OI, 15800CE seems highest OI and PE side 15500 seen highest OI

Let’s see, NiftyFuture is facing a intraday resistance 15730, 15750 and 15790

Above 2nd and 3rd resistance are crucial for today’s trade. Stay caution at higher levels

NF considering a supports 15660, 15630 and 15590

More live market update will be sent to my clients only

Updated: 08.51 am / 29th July 2021

29th July 2021 BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 34559.30 (-0.7%)

On 28th July 2021, BankniftyFuture was seen highly volatility due to global cues

BNF was opened 34770 then vertically fell up to 34118 again bounced-back up to 34600

Option buyer and seller both faced trouble on yesterday due to both side movement

Hdfcbank, Axisbank and Kotakbank was seen selling pressure

Icicibank and SBIN sustained

Volatility index was up 5%

As per open interest 35000CE and followed buy 34500CE ended highest OI and PE side 34000PE ended highest OI

Now, What will do on monthly expiry ?

Live market alert will be send to my clients only

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Noon update will post around 12.30 pm………. Stay with us

Updated: 08.30 am / 29th July 2021