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 flat or slight gap up opening today in our market. Which means bank nifty may open around 21300-21500.
1st possible scenario,If bank nifty able to break 21100-21150 support then we can see fall up to 21000, 20750, 20550.
2nd possible scenario if bank nifty able to sustain above 21500-21550 then we can expect 21750,21950 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.