Banknifty is currently consolidating to take a BULLISH move.
Entry Levels are,
Gap down Open - 39745 is where to Short but we have 39564 (S1-PDL) is the support level to watch. Flat Open - Buy at 39600 Trendline support. Gap up Open - Buy at CPR - BC
If PDL 39565 compromised, we can see BEARISH move in Banknifty
Refer the chart for detailed Intraday Support and Resistance levels.