BankNifty trading at 26220, markets trading on the downside, was expecting upside today, but however, my last trade has gone wrong, my stop loss has been hit 26220.
The important number is 26250, anything below this number slowly markets will fall till 25980-25820 by next few weeks.
If markets, trades above 26250 and closes today and tomorrow, markets may be rebound to 26360.
26360 above 26470 is the first resistance.
Let’s see what happens.