Technical Analyst, owner of TRADEMANIAC
Banknifty should take support at lower shaded region. As PCR is oversold banknifty may bounce back from 38000 to 38500 level. If 37800 is not sustained then target is lower shaded region. Our senior students are in profit of 42k. Now today's gapdown will add more profit. Capital deployed 2 lakh. This return is only in 16 days.
TV chart:-https://in.tradingview.com/chart/BANKNIFTY1!/6IYx6CxL-Banknifty-Future-Intraday-l-view/