Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level & this rally can entend another 400 points if market gives breakdown 47450 level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level.Also possible reversal upside 47550 level.
