-BANKNIFTY LIKE EXPLAINED YESTERDAY HAD ENTERED ITS DEMAND-SUPPLY ZONE -AFTER SEEING YESTERDAY BOUNCEBACK ANYMOVE ABOVE 24875 WILL LEAD TO HEAVY SHORT-COVERING ON THE INDEX -KOTAK BANK INITIALLY CARRIED THE BANKNIFTY INDEX -LATER HEAVYWEIGHTS MADE A COMEBACK -FOR NOW BANKNIFTY TRADING RANGE IS MARKED FROM 23900-24875 -ONCE BROKEN AND TRADED ABOVE INDEX CAN EXPECT A GOOD RALLY TOWARDS 25200-25500 -WAIT AND WATCH APPRROACH FOR THE INDEX
BANKNIFTY RESISTANCE FOR THE DAY 24870-24740-24380 ( FUT ) BANKNIFTY SUPPORT FOR THE DAY 24200-23950-23800 ( FUT )
SCREENSHOT
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