Today will be gap up opening in banknifty . After opening expected further downside upto 32550 level and this can be extend for another 400-500 points in case banknifty starts trading below 32450 level. Any positive side movement only possible if banknifty starts trading and sustain above 33050 level.
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BankNifty is in Downtrend Movement for the Last 2 Days...
If it breaks the down trendline or Horizontal Line and closes below it, Then go for Short. otherwise, go for Long...
Tata Consumer should come down according to the analysis and take support at demand zone.
we can see upside movement if break the nearest resistance.
let's see.
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(21/06/2022)](https://s3.tradingview.com/x/Xsq5nufr_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(21/06/2022)")
