Today will be slightly gap up opening in banknifty. After opening if banknifty sustain above 36050 level then expected upside rally of 400-500+ points. Below 35950 level banknifty shows downside upto 35550 level. For today's session downside 35500 will act as an important support. Strong bearish movement possible if banknifty give break of this support level.
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PE - 35950 to 35600- (350+ points)
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Reached at 35550 level. All downside targets achieved