Banknifty last close: 43954.45 (+0.2%)
On Tuesday, Banknifty was seen strong consolidation and ended 0.2% higher
Banknifty was opened 43980 and went to 44095 then slipped to 43850
Finally Banknifty was ended at 43954.45
SBIN did very well and ended positive note
Private banks was seen mixed trend
VIX sustained around 12.50
As per open interest 44000CE and PE was seen highest OI
If sustains below 43900 will be increasing 44000CE
However, Banknifty is facing a intraday resistance 44000, 44050 and 44150
The index was seen highly struggling around 44000-44150 in past many days
On other side, Banknifty can be considered as supports as 43880 and 43800
Below 43800 will try to check 43650
Updated: 08.28 am / 24th May 2023
