Today will be slightly gap down opening in banknifty. After opening expected further downside upto 37050 level. In case banknifty starts trading below 36950 level then possible strong fall of 400-500 points in banknifty. 36550 will act as an important downside support for today's session. Further downside will be there in case breakdown of this support level. Any upside movement only possible if banknifty starts trading and sustain above 37550 level.
