Bank Nifty is expected to have a gap down opening of 200 to 300 points. However, if the Bank Nifty sustains the 39200 level, it could indicate a possibility of upward movement. In such a scenario, the next immediate resistance levels could be at 39370 and 39680.
On the other hand, if the Bank Nifty slips down, the next support levels could be at 39000 and 38800.
On the other hand, if the Bank Nifty slips down, the next support levels could be at 39000 and 38800.