[INTRADAY] #BANKNIFTY PE & CE Levels(07/08/2024)

Today will be gap up opening in banknifty. Expected opening near 50500 level. After opening possible reversal from this level to continue bearish trend. If reversal confirmation at this level can gives 400-500 points downside rally in banknifty. This rally can be extend for another 400-500 points if its starts trading below 49950 level. Any upside rally only expected if banknifty sustain and starts trading above 50550 level.

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