17th May 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 43903.70 (-0.4%)

As per open interest data showing, 44000CE was seen high open interest
PE side not seen significant OI which is indicating caution at higher levels
However, Banknifty is facing a intraday resistance 43950, 44070 and 44150
Above levels are hurdle for today

On other side, Banknifty can be considered as supports as 43800 and 43700
Below 43700 finding a next support around 43500

Updated: 08.32 am / 17th May 2023