BankNifty opened with a gap-down near 33100 we saw further selling which brought BankNifty towards 32750 zones that acted as support and gave bounce towards 33050 but we again saw rejection from higher levels.
Tomorrow if BankNifty sustains below 32700, we can expect further downmove.
Expectations for Tomorrow: Range-bound day, Volatality after 1:30.
Intraday Levels:
Buy Above 33100
Sell Below 32700
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team