Banknifty levels for Tomorrow..
Expectation : BEARISH - Look to SELL on raise (BULLISH only above 39610)
Banknifty likely to Open with Flat / Small Gap Up. Entry plans are highlighted in the Chart. We have strong resistance around 39471 - 39610 where we can look to take SELL entry and if any reversal CPR - Pivot will be tested.
For quick scalping, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
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