Banknifty (spot) last close: 41554.30
On Thursday, Banknifty was seen highly volatile and ended flat note
Banknifty was opened 41635 and fell to 41252 then spiked to 41550
Icicibank did well and Hdfcbank was seen selling pressure
PSUBank index sustained almost flat note
VIX slipped to 13
Option premium was seen very low due to low VIX
Banknifty is facing a intraday resistance 41650 and 41750
Above resistance are hurdle for today’s trade
Suppose, If stays above 41750 will try to move 41970
On other side, Banknifty can be considered as supports as 41440 and 41340
Below 41340, finding a next support around 41150
Updated: 08.30 am / 10th Feb 2023
