[INTRADAY] #BANKNIFTY PE & CE Levels(23/01/2025)

Today will be gap down opening expected in banknifty. After opening if it's sustain above 48550 level then upside movement expected upto 48950 level. At this level banknifty will fail resistance and chances of reversal from this level. Strong upside rally expected if banknifty starts trading and sustain above 49050 level. Major downside only expected if banknifty gives break of 48450 level.