Banknifty Intraday Analysis for 23rd September 2026

NSE:BANKNIFTY The index is above 56000 support and reversal is expected if the index sustains above 56000 in downtrend. The upward moment may lead the Index to 56900 – 57000 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 57600 – 57700 range. On the contrary, The downward moment may drag the Index to 55500 – 55400 support range in downward momentum and if this support is broken then the index may tank near the 54800 – 54700 range.