BankNifty opened with a gap-down around 34810, we saw selling in the morning which brought BN near to 34670 and that acted as support for the day. We saw a good recovery in the last hour and BankNifty was able to close above 35000.
Tomorrow if BankNifty sustains above 35200, we can expect a further up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels: Buy Above 35200 Sell Below 34770
To motivate us, Please like the idea If you agree with the analysis.