Banknifty last close:40698.15 (+1.1%)
Banknifty was seen strong & rally in the last three sessions despite the weak in the Nifty
As per open interest PE side added huge OI on yesterday’s closing basis
However, Banknifty is facing a intraday resistance 40750, 40830 and 40950-41000
On other side, Banknifty can be considered as supports as 40590, 40485 and 40250
Below 40250 will try to check 40000
Updated : 08.35 am / 02nd March 2023
