Banknifty Update:

Prices are currently trading around Intraday Trendline.

Breaking this Trendline might Bring in more bearishness and prices can retest Lowest price of the day.

on upper end, if banknifty breaks 38600, then there will be possibility for prices to test 38700 and above levels
As per option chain 38500 is the pivot for banknifty and we can expect prices to be hovering around this price only.

Unwind on any side might give us Bullish or bearish directional indication.

so, watchout for Open interest of 38500 call and put Today