Today will be gap down opening in banknifty. After opening if banknifty started trading below 34450 level then possible further fall of 400-500+ points upto 34000 level. 34000 will act as an important support for today's session. In case breakout of this support gives further downside target in banknifty. Upside only possible if banknifty started trading and sustain above 34550 level.