[INTRADAY] #BANKNIFTY PE & CE Levels(16/12/2024)

Today will be flat or slightly gap up opening expected in banknifty. After opening if banknifty sustain above 53550 level then expected strong bullish rally towards the 53950 level and this rally can extend for further 400-500+ points in case banknifty give breakout of 54050 level. Any downside expected below 53450 level. Downside 53050 level will act as strong support zone for index.