Nifty Bank Index
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Banknifty Intraday Analysis for 20th October 2025

45
BANKNIFTY

Index has resistance near 58100 – 58200 range and if index crosses and sustains above this level then may reach near 58600– 58700 range.

Banknifty has immediate support near 57300 - 57200 range and if this support is broken then index may tank near 56800 - 56700 range.

Market is expected to be range bound and profit booking expected on a higher level.
Trade chiuso: obiettivo raggiunto
Gap up opening with low near 57885 and made high near 58260 and close near 58035 due to profit booking.

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