[INTRADAY] #BANKNIFTY PE & CE Levels(16/04/2025)

Today will be gap up opening in banknifty. After opening if banknifty starts trading above the 52550 level then this bullish rally can goes upto 52950 level in opening session. This can be extend for further 400-500+ points in case banknifty gives breakout of 53000 level and sustain above 53050 level. 52950 level will act as a resistance for today's session. Any reversal can gives downside movement upto 52550 level. Any major downside only expected below 52450 level.