Banknifty plunged a lot from 26th Oct 41k level to 16th Dec 34k Level. After such downmove in Banknifty, I expect upside in Banknifty. Here in my analysis, you can see Inside Bar Pattern in Banknifty. If you want to go long on Banknifty then buying above 34300 will be a wise move.
Let me know your thoughts in comment section.
P.S: This is just for educations purpose.