Banknifty last close: 39411.40 (-0.4%)
On Tuesday, Banknifty was seen huge volatile and ended 0.4% down
Banknifty was opened 39500 and travelled 39750 to 39150 then ended 39144
Banknifty swing was seen almost 2000-2300 points on 14 March
VIX sustained around 16.30
Psubank index fell 1%
Hdfcbank not well and seen selling pressure
CE side seen huge OI on closing basis
Banknifty is facing a intraday resistance 39530, 39600 and 39750
If stays above 39750 will try to move 40000
On flip side, Banknifty can be conisdered as supports as 39300, 39220 and 39000
Below 39000, expecting more weakness
Updated: 08.30 am / 15th March 2023
