If the market goes above 34300 wait for price action then buy it may continue for uptrend ........if its showing weakness wait for price action then sell ......cause the market was volatile for today maybe tomorrow it may be volatile or sideways .....and there is a gap to fill for downside
Banknifty's strong support is on 33300.....if it returns from today's high it may hold on for some time on 33300.....my view is for the upperside cause the trend has changed .....for the upper side, we can expect up to 33700,33900..........tomorrow we can see some selling in the morning after that we can c for the upperside targets...if the market reverses...
Probably it's the decision-making zone if we c an hour on the upper side the rally can change into bull side ......if it sustains below 32100 we may c a trending market for downside .....
As per my analysis it will be in a range bound/ side ways market cause the market is respecting its support and resistance ......