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 closing we are expecting gap up opening today in our market. Which means bank nifty may open around 18000-18200
1st possible scenario,If bank nifty able to break 18050-18000 support then we can see fall up to 17800,17550,17200.
2nd possible scenario if bank nifty able to sustain above 18250 then we can expect 18550,18750 levels upside.
You can see investing.com chart of bank nifty by clicking bank nifty image.