Today will be slightly gap up opening expected in banknifty. Expected opening near 51500 level. After opening if banknifty starts trading and sustain above 51550 level then only expected further upside movement in banknifty. Otherwise below 51450 level expected downside upto 51050 and this can be extend for further 400-500+ points in case banknifty starts trading below 50950 level.
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