Nifty have been below breakdown from the past few days consolidation and is looking sideways on the charts. The index is having support around 23200-23250 and resistance is around 23500-23550.
*BANKNIFTY VIEW:*
BANKNIFTY is still having good support around 50000-50100 while now the resistance for the index is around 50650-50700 for the day.
*FINNIFTY VIEW:*
FINNIFTY is having support around 23150-23200 on the lower side while resistance is at 23450-23500. The overall trend of the index is now neutral for the day.