BankNifty Conviction Idea for Apr 6, 2021

After yesterday's waterfall like breakdown in #nifty and #banknifty, we are heading for somewhat positive start in benchmark indices #banknifty and #nifty. Our stance is stay neutral for both indices. With that said, here are some important levels to watch out for.

Opening Point: 32800-32900

Strong Resistance: 33000
Resistance 2: 33500

Support 1: 32500
Support 2: 32000

Happy Investing :)
Team, Investwise