Banknifty last close: 44513.45 (-1.1%)
On Thursday, Banknifty was slipped below last month low
Banknifty was opened 44850 and went to 45030 then dropped to 44280
Finally Banknifty was settled at 44513 down 1.1%
All bank stocks was seen selling pressure
Today SBIN will be announce their earnings report
VIX settled around 11.30
Today Banknifty is facing a intraday resistance 44650, 44730 and 44950
If stays above 44950 will try to move 45200
Stay caution at higher levels
On other side, Banknifty can be considered as supports as 44400 and 44300
Below 44300 finding a next support around 44050
Updated: 08.37 am / 04th Aug 2023
