Today will be slightly gap-down opening in BANKNIFTY. After opening if the bank nifty sustain below the 43950 level then a possible downside of 400-500 points up to 43550. And reversal chances of from 43550 level And this rally can extend for another 400 points if it gives a breakout of the 44050 level.
Today will be gap up opening in banknifty . After opening if it is sustain above 38500 level and then possible further upside rally upto 38950+ level in today's session. In case banknifty trade above 39050 level, it can go upto 39450 level. Any downside only expected below 38450 level.