[INTRADAY] #BANKNIFTY PE & CE Levels(14/08/2024)
Today, Bank Nifty is expected to open with a slight gap up, with an opening level around 50000. After the opening, a possible reversal to the downside is anticipated. The downside target for today’s session could be around 49,550 if Bank Nifty does not sustain above 49950. Any upside rally will only be possible if Bank Nifty starts trading above 50050; this rally could reach up to 50450, which will act as a strong resistance level for today’s session.
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