On Bank nifty(spot), 5 minute chart I have market important Support and Resistance and few trend line as shown in video.
As per sgx nifty level we are expecting gap up opening today in our market. Which means bank nifty may open around 20400-20500.
1st possible scenario,If bank nifty able to break 20300-20350 support then we can see fall up to 20050,19750.
2nd possible scenario if bank nifty able to sustain above 20550 then we can expect 20780,21000 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.