BANKNIFTY important levels for tomorrow

As expected and analysed we did see a strong recovery from our levels, we can see BANKNIFTY to reach 38500 which is a important resistance as the existing gap will be filled making it a strong resistance and hence will make new buying position above 38500

Lower support now lies around 37700 around and hence unless either of these levels is broken we shouldn’t make any new position

Expecting BANKNIFTY to remain sideways if opens gap down tomorrow