After a bullish trend in Banknifty, it seems Banknifty is bearish and oversold level. 36800-36900 is a strong support level and Banknifty may turn upwards from the mentioned level. Be attentive with the FOMC meeting conclusion and Japanese financial news and Chinese Reality sector news. Our market will react to these three news. If Banknifty breaks 36800 then next support is 36500 levels and 36000 psychological levels. Let see what will happen in the market, tomorrow. I recommend to avoid trade but if you want then do it in small quantity as scalping trade.
