Today will be a gap up opening in BANKNIFTY. Expected opening near 40100+ Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 40450. And this rally can extend for another 400 points if it gives breakout of 40550+ level. Any Major downside only expected in case banknifty starts trading below 39950+ level.
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