BankNifty opened with a gap-down at 33342 and formed a low at 33187 which provided a cushion to BankNifty and we saw an upside towards 33420. This again acted as rejection point and we saw a range-bound trading session in BankNifty.
Tomorrow if BankNifty sustains below 33180, we can expect a downmove.
Expectations for Tomorrow: Range-bound movement, Volatality after 1:15 PM.
Intraday Levels: Buy Above 33420 Sell Below 33180
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