BANKNIFTY might remain sideways for upcoming trading sessions

٨ يناير ٢٠٢٣

As we can see BANKNIFTY has been falling one sided since last week, but looking at global cues we can expect a gap up opening but we can’t expect one sided upmove rally if opens gap up hence important levels to watch as of now is 42000 and 42650, expecting a sideways market tomorrow moving between the range and no rally can be seen if either of the levels is broken below or above so keep tracking these important level for making any new position