Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
However, we should stay cautious as a major downside move is only expected if BANKNIFTY starts trading below the 44450 level. 🚨 Keep an eye out for a possible reversal around the 44950 level. 🔄 Let's see how the day unfolds!