today closed at 16412 with gain of 174 points. Banknifty is trading at short term high with strong bullish momentum and likely to outperform nifty. On upside my first target if at 16900. On downside 15950 is support and stop loss level. For intraday, expect sharp move above 16450 up to 16600 to 16800. My banknifty 15500 call buy call continue to gain!!