Nifty Bank Index
Long
Updated

Banknifty Intraday Analysis for 28th October 2025

56
BANKNIFTY

Index has resistance near 58500 – 58600 range and if index crosses and sustains above this level then may reach near 59000 – 59100 range.

Banknifty has immediate support near 57700 - 57600 range and if this support is broken then index may tank near 57200 - 57100 range.
Trade closed: target reached
Movement in range on the F&O October'25 Expiry day with high near 58315, low near 57770 and closed near 58215.

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