BankNifty Futures has lost more than 3000 points from a recent high of 41800 zones. BankNifty Futures has a good support zone between 37700 - 37500 zones and if this level holds, we can see approx 3000 points Bounce from this zone.
The RSI is current at 44 levels and it also has strong support at 37-35 zone.
We would try to get time to re-analyze and update this idea.
To motivate me, Please like the idea If you agree with the analysis.