BankNifty (SPOT) - 15th & 16th Jan

15th & 16th Jan: (Mon & Tue )
-Heavy resistance @ 47980-48000 & seems like will not be able to cross & sustain.
-Mostly bearish on Mon & Tue., BN might try to fall to - 47,206 (TG1), 47,007 (TG2), 46,901 (TG3) & 46,741 (TG4) before 16th Jan