Is BANKNIFTY ready for another rally or be sideways tomorrow..?

BANKNIFTY finally showed some strength from our support levels as it didn’t break last days low but instead we saw a big green candle more like an engulfing one from our support zone showing strength and hence we can make new long positions as soon as BANKNIFTY breaks last trading days’s high which is around 37800 which has also acted as an important RESISTANCE before

On the other hand we can also see a sideways market if opens slight up/ down between the ranges 37800-37200 making good for option sellers