BANKNIFTY is near to important zone (previously acted major resistance)(32700-32600) and trend line support
So it has High probability of reversal at this zone.
But in case If it breaks that zone , there will be high chances for continuation of bearishness in the market.
Tata motor formed parallel channel pattern in 1hr time frame , its expected to take support of the channel and take a U turn..
If it's breakout down side, selling pressure comes in.
