BankNifty opened with a gap-down around 35610 and after making a low near 35580 we saw a good bounce in BankNifty towards 35875 but BankNifty again faced resistance at higher levels and we saw more than 500 points free fall in last 30-35 mins.
Tomorrow if BankNifty sustains below 35300, we can expect a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35720
Sell Below 35300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!