BankNifty opened with a small gap-up around 34492, in the morning we saw some strength and BankNifty made a high of around 34720 but we again saw resistance in 34700 - 34800 zones and BankNifty came below 34300.
Tomorrow if BankNifty sustains below 34120, we can expect a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34500
Sell Below 34120
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Happy Trading!