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Banknifty -to fill the gap and rally towards 37450 tomrorow?

Oleh PromodSshrivastava
Yet another gap up opening is likely tomorrow as indicated by sgx nifty and global markets sentiment. PCR is higher at 0.81. CPR is wide at 182 pts and gap up opening should probably be sustained and banknifty can consolidate before next move. FII/DII were net sellers at 218cr. We could again see some buying support from FIIs tomorrow, they were net buyers at 384cr today. Charts look quite positive with a large green candle, gap filled on the way up closing above 200ema. Tomorrow, 50/100EMAs could be breached as candle could go towards 37450 with another 1000pts swift rally. What do you think?
BANKNIFTYChart PatternsTechnical IndicatorsTrend Analysis
PromodSshrivastava

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