Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level & this rally can extend another 400 points if market gives breakout 48550 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level. also possible reversal downside 48450 level.
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