Today will be flat or slightly gap up opening expected in banknifty. After opening if banknifty sustain above 39550 level then possible upside movement upto 39950 level. For today's session expected trading range in banknifty 39550 to 39950 level. Strong upside of 400-500+ possible if banknifty starts trading above 40050 level. In case banknifty not sustain above 39550 and starts trading below 39450 then there will be further weakness possible in index upto 39050 level.
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