Banknifty is defining 41100 Spot Level as a downside breakout Level. and on Upper End, 41240 area is acting as resistance.

Volumetric breakout on any direction can give a directional move.

Otherwise our expectations are that banknifty will be trading within the Hi and Low Range of Previous Day
STATUS OF BANKNIFTY COMPOSITES
BANKNIFTY NOW
POSITIONAL BUY
MUTHOOT FIN is good to buy above 1090
with SL with 1010
for target 1220, 1300
PnL of Students In Today's Trading Session