[INTRADAY] #BANKNIFTY PE & CE Levels(27/08/2024)

🔔 Bank Nifty Update for Today:

📊 Expected Opening:

Opening Level: Slightly flat near yesterday’s close

📈 Potential Upside Movement:

Primary Upside Target: 51450+
Extended Upside Target: 51950+ (upon breakout above 51550)
Bank Nifty is expected to open slightly flat, near yesterday’s closing level. After the opening, there is a possibility of an upside rally reaching 51,450 or higher. If Bank Nifty breaks out above the 51,550 level, this rally could extend further, potentially reaching up to 51,950.

📉 Support Level:

Strong Support: 51000
The 51000 level will act as a strong support for today’s session, providing a key level to watch in case of any downside movement.