BANKNIFTYBANKNIFTY levels are based on imbalances
1. gapup 52100 long
2. 52100-51700 trade breakout
3. gapdown 51700 short
BANKNIFTY1! trade ideas
BANKNIFTY can be bearish from 51466-51647 51466-51647 Levels are very important for BankNifty to sustain. If it break above these levels, then a new all time high can be seen in Sep month. Mostly likely, BankNifty could fall from here to be bearish again and break 49,815 levels. This level is a pure selling level above the fair value gap that was created on 5th Aug.
