[INTRADAY] #BANKNIFTY PE & CE Levels(17/01/2025)

Today will be flat opening expected in banknifty. After opening it will consolidated in range of 49050-49450 level. 49450 level act as a upside resistance for banknifty. If index gives breakout of this resistance then expected strong upside rally of 400-500+ points possible. Similarly, If banknifty starts trading below 48950 level then downside fall expected upto the 48550 level.