26th May 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 43681.40

On Thursday, Banknifty was seen highly volatile in the range of 300 points
Banknifty was opened 43630 and went to 43720 then slipped to 43390
Again shot up to 43700. Finally ended at 43681.40
VIX was sustained around 12.50
Banknifty rose 1.5% and PSUBank index fell 2.5% in the May series

Banknifty is facing a intraday resistance 43740 and 43900
If stays above 43900 wil try to check 44050

On other side, Banknifty can be considered as supports as 43620, and 43500
Below 43500, will try to check 43300

Updated: 08.37 am / 26th May 2023