Today will be gap up opening in banknifty
. Expected opening near 35450 level. After opening if banknifty
started trading above 35550 level then possible strong upside rally 400-500+ points. 35450 will act as an immediate resistance level
possible reversal from this level. Downside 35050 is a strong support for today's session. Further downside possible if banknifty
gives breakdown of this support level
and started trading below 34950 level.