Bank Nifty is likely to have a gap up opening of around 250 points. A gap up opening means that the market has opened at a higher level compared to the previous day's closing price.
If the Bank Nifty sustains the 39580 level, it is likely to move up to the next resistance level, which is 39850. A resistance level is a level in the market where there is a significant amount of selling pressure, which can make it difficult for prices to rise further. If the price breaks through this resistance level, the next resistance level is likely to be 40080.
If the Bank Nifty sustains the 39580 level, it is likely to move up to the next resistance level, which is 39850. A resistance level is a level in the market where there is a significant amount of selling pressure, which can make it difficult for prices to rise further. If the price breaks through this resistance level, the next resistance level is likely to be 40080.