Banknifty Weekly View - February 3rd week.

Banknifty is looking uncertain and we can expect high volatility throughout the week. Imp range on the downside would be 48500-47400 and in between an imp support would be 47986. On the upside banknifty can give upside only if it successfully crosses and sustains above 49776 and it can go upto 50300-600.