As we analysed yesterday that it was trading at important level as resistance was very eminent but it gapped up huge which was above resistance and continued its rally all way through! now we can see BANKNIFTY resisting or getting rejected from a trendline resistance but it has been tested multiple times and hence we can again expect a breakout if today’s trading session’s high is broken above, level to watch is 38750 ! if opens flat and crosses the given level then we can expect quick 300 points till 39000, else if opens weak then we can expect SIDEWAYS market