47900 coming if the structure breaks below
As we can see BANKNIFTY has closed around important support which has been tested before making it weaker hence if any flat to strong opening followed by bearishness can result in breakdown of the structure which could lead to 4800-47900 unidirectional rally so plan your trades accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.