BANKNIFTY ANALYSIS FOR 21-12-2021

Today it has broken all the support with steep fall now taking support at 34500 level. As Data was seen building at 34500 by PUT writer. Now for tomorrow 34699 is important level for further move. I am expecting a Gapup to flat Opening tomorrow keep eyes of 34500 CE may be rewarding. after 34699 next resistance will be at 35000 level. :)

Today BankNifty PCR : 0.85
Friday PCR: 0.62