On Bank nifty 5 minute chart I have market important Support and Resistance and few trend line as shown in video. Since today nifty break it’s important support which was around 19300-19350. Now bank nifty looking week for tomorrow.
As per sgx nifty closing we are expecting slight gap down or flat opening. Which means bank nifty may open around 18900-19000
1st possible scenario,If bank nifty able to break today’s low which is around 18900-18850 then we can see fall up to 18450-18500.
2nd possible scenario if bank nifty able to sustain above 19350 then we can expect again 19750-19800 level upside.