Forecasting Nifty and Bank Nifty Trends for February 8th, 2024"

Primary Trend in Bank Nifty Futures: Bullish

Range-Bound Trend of Bank Nifty Futures: Profit booking may occur at 46450 during upward moves,

while short covering may be initiated at 45900 during downward moves.

Assuming the Bank Nifty futures rise above 46330 and maintain their position

 index may trade within the range of 46435-46600-46740 levels throughout the day.

Bank Nifty futures fall below 46020 and remain stead

index could trade within the range of 45890-45790-45680 levels during the day