Banknifty last close: 39999.95 (+0.3%)
On Wednesday, Banknifty was seen very range and positive bias
Banknifty was opeend 40000 and travelled 40080 to 39950 in the whole day
Finally Bank index ended 0.3% higher
PSUBank index gained around 1%
VIX fell marginally 5% to 14.80
Option premium sustained due to Fed event
Banknifty is facing a intraday resistance 40050, 40130 and 40300
Above resistance are crucial for today’s trade!!
On other side, Banknifty considering a supports 39950, 39860 and 39720
Below 39720 finding a next support around 39500
Updated: 08.36 am / 23rd March 2023
