BANKNIFTY PREMARKET NOTES:-
- SGX NIFTY is 13 POINTS DOWN showing FLAT TO NEGATIVE OPENING . So the BANKNIFTY also will open will around 50 POINTS GAP DOWN.
- FII Activity – IN CASH SOLD – 1185 CR / INDEX FUT SOLD --315 CR
EVENT to WATCH:-
SUPREME COURT result on COAL BLOCK ALLOCATION Case around 2 PM.
BANKNIFTY FUT | DEMAND | SUPPLY |
1 | 15874 | 15962 |
2 | 15750 | 16063 |
3 | 15610 | 16182 |
These levels are where we have to watch how market reacts and we have to take decision as per the PRICE ACTION.
WHAT CHART is SAYING?
- Banknifty seen SELLOFF from higher levels in last few minutes day before yesterday. This continued toward the range LOW of 15850 yesterday… so today we can expect it to go towards range low.
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UPDATESON:-
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