Today will be strong gap up opening possible in banknifty near 35000 level. After opening if banknifty started trading above 35050 level then possible strong upside move of 400-500+ points. Below 34950 possible we will see reversal in index upto 34550 level. For today session 34500 will act as an important downside support. Further fall only possible if banknifty give breakdown of this support and trading below 34450 level.