[INTRADAY] #BANKNIFTY PE & CE Levels(17/05/2022)

Today will be slightly gap up opening in banknifty . After opening if it is sustain above 33550 level then expected upside movement upto 33950 level. Further upside rally only possible above 34050 level. 33950 will act as an immediate resistance for today's session. Strong downside of 400-500 points possible if banknifty starts trading below 33450 level.