Bank nifty levels

Hello Traders,

We saw a blood bath on banking index on Wednesday. Bank nifty fell more than 1000 points. We had alerted this preciously. we had anticipated the same earlier, details already explained



For bank nifty 41500 is an important support and it is not so easy for the index to break. I am expecting some bounce back towards 42300 level. We have multiple resistances but 41900 & 42300 is going to play very crucial.

Any way if we break 41500 then this will open doors for further downside.