On Bank nifty(spot), 5 minute chart I have market important Support and Resistance and few trend lines as shown in video.
As per sgx nifty level we are expecting gap down opening today in our market. Which means bank nifty may open around 18900-19000.
1st possible scenario,If bank nifty able to break 18950-19000 support then we can see fall up to 18750,18550,18350.
2nd possible scenario if bank nifty able to sustain above 19450 then we can expect 19750,19900,20000 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.