Today will be flat opening expected in banknifty. After opening if banknifty sustain above the 48550 level then expected upside rally upto 400-500+ points upto the 49950 level. Major downside level expected if banknifty starts trading below the 48450 level. This downside rally can goes upto the 48050 level and further extend for 400-500+ points in case starts trading below the 47950 level.
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