Banknifty analysis @ 12/03/24

BANKNIFTY
Resistance levels - 47500-600
Support levels - 47100-200
Today PCR levels - 0.90 to 0.65.
PCR over sold
1)if tomorrow bank nifty gap up open at near resistance level big opportunity is sell the bonus
2) if bank nifty gap down possible pull back 100-200 points