BANKNIFTY IMPORTAN LEVEL FOR TOMORROW 19-01-2022

We have seen BankNifty Made A good Momentum today on crossing 38500 level. But in Second Half a Stip fall near to previous profit booking are came and a era of panic selling started. BN fall almost to Day Low. Now 38000 and 37918 is important level to Watch for tomorrow. BanNifty is forming a M Pattern With Support at 38000-37918 level if break n Susbtain below is then more fall can be seen. Else we may se recovery for these level... We will trade accordingly :) Global sentiment is also very important for tomorrow.

BANKNIFTY PCR : 0.77 (Near to OVERSOLD)