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 22500-22600.
1st possible scenario,If bank nifty able to break 22480 support then we can see fall up to 22350, 22050.
2nd possible scenario if bank nifty able to sustain above 22750 then we can expect 22970,23050 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.