As stated, Nifty will weak intraday below 8100 zone. But Bank Nifty first breached 16000 levels to hint it first.
Now, if its a corrective action then it can go till 8025-30 the gap zone to fill it and then it can bounce on. But if its a weakness on daily then it will break the zone and can test 7980 levels too. Failure to hold there will indicate bigger corrective action.
Hope you got it. The nature of correction at levels will reveals whether this weakness in for intraday only, or had its hand to spread on daily.
Now on 5min and hourly, strength above 8100-8105 only.
Bank Nifty:
weakness was visible below 16000. strength now above 16080 only.
Support at 15880-890 zone if holds good, else closing below it on daily will lead to bigger correction here.