Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading below 44450 level then possible downside rally of 400-500 points upto 4450 Level. Any Major upside only expected in case banknifty starts trading Above 44550 level.
Banknifty gave breakout from falling channel with a gap up opening on 4th April, However that move didn't sustained well and post that the index saw consolidation at the GAP and today took support from previous month's closing range. Now moving ahead we can see bullish momentum in upcoming days with resistance at 39000-39500, immediate support stands at 37200 and...
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(13/07/2023)](https://s3.tradingview.com/y/YxBlRb6U_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(13/07/2023)")
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(31/05/2023)](https://s3.tradingview.com/l/lpjmb33y_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(31/05/2023)")
