Banknifty last close: 43891.35 (-0.1%)
Banknifty was dropped almost 1200 points from last 5 sessions
The Bank index was triggered bearish mode at 44500 on last week
However, Banknifty is facing a Friday’s resistance 44000 and 44100
If breaks and manages above 44100 finding a next resistance around 44250
On flip side, Banknifty can be considered as supports as 43800 and 43600
Below 43600 finding a next support around 43400
Updated: 08.22 am / 18th Aug 2023