Banknifty Index:-
Today, it's expected that the Bank Nifty index might take support and attempt to reach 44577. To continue its upward movement towards 44700, the Bank Nifty needs to maintain its position above 44587. However, caution is advised as the Bank Nifty concluded below the breakout level. If it fails to sustain above 44587, there's a possibility it could decline towards 44370 and 44230.
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Banknifty future:- Bank Nifty futures could potentially find support around the level of 44428. In the event that this support is breached, the subsequent target to watch for
could be 43300.
Intraday Outlook for Bank Nifty Futures tomorrow-25-08-23
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