[INTRADAY] #BANKNIFTY PE & CE Levels(16/05/2023)
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level (Market will break 52 weeks high) then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level. also possible Reversal 44450 level.
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