Banknifty view - Currently nearing the important levels

Banknifty is currently at nearing the support levels - as long as the low zone is not broken, you can initiate the trade on the long side, breaking the zone triggering for the sell side.

The orange zone acts like strong support - it will be very hard to break the zone. unless you find a strong volume entering into the market to set the direction on the sell side.

My view on banknifty is long until it breaks the levels of 47772 levels.

Happy trading.