23rd June 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 43725.85 (-0.3%)

What a Terrific Thursday. Banknifty was seen huge volatilie
Banknifty was opened 43900 and went to 44000 again slipped to 43700
Once again spiked and broken day’s high at 44050 again dropped to 43665
Too much volatility on weekly expiry
Finally Banknifty was ended 43725
VIX sustained around 11.30
Hdfcbank did very well but erased some gains in last hour
PSUBank index fell 1%

Banknifty was travelled around 43400 to 44400 in this June series so far
However, Banknifty is facing a intraday resistance 43830 and 43950
If stays above 43950 will try to move 44050-44100

On other side, Banknifty considering a supports as 43600, 43500 and 43350
Very strong support zone around 43350

Updated: 08.39 am/ 23rd June 2023