Banknifty - View & Intraday Levels for - 24 Feb 2023

Banknifty shows some strength when comparing with Nifty because it tested the major support zone. However BEARISH move expected again up to 39500 level is where we have Strong support.

Tomorrow we can take SELL entry @ 40150 Supply zone for lower targets. If any gap down open SELL can be initiated at 39917 or if sustains below 39700.

BULLISH only if sustains above 40175.