Today will be slightly gap down opening expected in banknifty. After opening important level for banknifty is 53050 support level. Possible reversal from this level towards the 53450 and this can be extend for further 400-500+ points in case banknifty starts trading above 53550. Strong downside fall expected if banknifty not sustain above level and starts trading below 52950. This downside rally can goes upto 52550 in today's session.
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.