Today will be gap up opening expected in banknifty. After opening if banknifty starts trading above 52050 level then possible strong upside rally of 400-500+ points. 51950 will act as an immediate resistance for banknifty. Downside expected 51550 level if reversal happens at this level. For today session 51550 will act as a strong downside support. Any major downside only expected below this level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.