BANKNIFTY ANALYSIS FOR TOMORROW 19-10-2021

As predicted BankNifty Open GapUp and tries to make a new High toward 40k levels but as per Option Chain Data Call Writer Have strong Position at 40000 level so many time during the day we have seen rejection and Profit Booking. Further Important level for downside to watch is 39580. I am expecting a correction in upcoming session. Strike to Watch 39500 PE and 39000 PE :)