Banknifty holding 38600 support level, currently banknifty is underperforming Nifty 50. As Nifty has already broken its 18k level banknifty is still hovering below 39000. To see strength in banknifty it has to clear 39400 and 39900 levels. Rest Support & Resistance levels are shown in the chart.
Comment:
As analysed Banknifty is underperforming Nifty, but still taking support at 38200 level.
