NIFTY BANK Index Or Bank Nifty Future

Hi,

In trading view, Which one should be chosen for signal? Either Bank nifty future or Nifty Bank Index? I do observe that 200 points are diff from both.

Thanks,
Vidhya

I always go with bank nifty index as bank nifty futures are based on its underlying index, those 200 points difference will not be the same, it changes with market sentiment, expiry date and volatility.

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Thanks