Banknifty tading in a range of 1100 points since past 14 days showing some strength to go above of that range but somehow finding sellers on the highs.
Immeadiate resistance is 50450 if sustains above long for targets of 50600,50750,50800,51000
Immeadiate support is 50300 if sustains below short for the targets of 50075,49940,49800.
Note:- Support and Resistance including Targets can act as reversal points please check price on those levels.