Today will be slightly gap up opening expected. After opening if banknifty sustain above 35000 level then expected upside movement upto 35400+ level. 35400 will act as an immediate resistance after this rally. In case breakout of this resistance and if it trading above 35550 level then possible strong 400-500+ points upside rally. Downside possible if banknifty started trading below 34950 level.
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