above this zone i will look for buying in the index this area in my observation is a major activity level the zone i have marked in color area above this level the index is not been able to sustain and has given a fake rally once at a very important area now i will plan according to how it behaves from this zone most likely it will turn for down side from here but i will turn bullish above this zone but till zone is not taken by bulls i am negative on banknifty i am posting this because i only trade banknifty options only and it is for my reference not any suggestion or recomendation