12th May 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 43475.30 (+0.3%)

On Thursday, Banknifty was seen highly volatile but ended marginally higher
Banknifty was opened 43535 then made a low of 43370 again spiked to 43775
Finally Banknifty ended at 43475
PSUBanks was seen selling pressure
VIX shot up to 13.30

Banknifty is facing a intraday resistance 43550, 43630 and 43800
Above levels are hurdle for today’s trade

On other side, Banknifty can be considered as supports as 43360, 43300 and 43220
Below 43220 finding a next support around 43000

Updated: 08.33 am / 12th May 2023