Banknifty future today closed at 16519 with gain of 90 points. From lows we saw almost 150 points gains for the day.
For tomorrow, banknifty future below 16480 will remain weak and sell.
On upside 16600 and 16790 are resistances. On downside 16400 and 16225 are support zones as well as tgt levels.
Future traders below 16480 can go short with stop loss above 16600 for tgt 16400 and 16225.
Option traders watch banknifty 16500 put options for intraday.