Today will be gap up opening in banknifty. After opening expected it will continue it positive movement upto 37450+ level. Upside 37500 will act as an immediate resistance for banknifty. At this level possible some correction movement in banknifty. In case banknifty gives breakout of this level and started trading above 37550 level then strong upside movement of 400-500+ points in today's session. Strong downside only possible if banknifty not sustain above 37000 level.
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