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 or flat opening today in our market. Which means bank nifty may open around 17400-17500
1st possible scenario,If bank nifty able to break 17350-17300 support then we can see fall up to 17000,16750.
2nd possible scenario if bank nifty able to sustain above 17550 then we can expect 17750,17950 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.