• In order to attain 42500 we have to sustain above 41800 & it seems like very very difficult to see as nothing is impossible in BankNifty index . Anyways we can avoid positional Call buying till we are below 41800.
• Looks like we are going to see consolidation between levels 41500 to 40500 for next 2-3 days (Guess according to previous price actions) . As we can see the whole area of last trading section is of call sellers like resistances seem at various levels 40888 , 41514 , 41441 , 41345 , 41218.
• Below 41345 we can see 406760 , 40538 , 40330.
• In average we can considering 41345 as important level for us to trade in next trading session.
• Also be cautious about trendline came from upside.
• Looks like we are going to see consolidation between levels 41500 to 40500 for next 2-3 days (Guess according to previous price actions) . As we can see the whole area of last trading section is of call sellers like resistances seem at various levels 40888 , 41514 , 41441 , 41345 , 41218.
• Below 41345 we can see 406760 , 40538 , 40330.
• In average we can considering 41345 as important level for us to trade in next trading session.
• Also be cautious about trendline came from upside.