ICICI Bank can show a possible down movement to 707 if 745 is broken. With ABG Shipyard bad loans news and ICICI bank leading in this fraud, the stock price can show a gap down below 745. Which in turn can move further down to 707.
This movement in ICICI Bank in turn can bring, the BANKNIFTY index down by ~400 points.
There is a small possibility of small jump or volatility at the level 745, if we see some recovery in the international market, or some sudden good news in the fraud case