Bank Nifty:
Bank Nifty has shown a fall below 44151. The case-to-case-based analysis of positions that may be initiated is given below.
| Case No. | Particulars | Position to be Initiated |
| I | Bank Nifty sustains above 44151 | Continuing Bullish |
| II | Bank Nifty between 43482 to 44151 | Sideways |
| III | Bank Nifty sustaining below 43482 | Continuing Bearish |
Nifty 50
Nifty 50 is still resisting 18604. There is a high possibility of a downward move considering the present inclination of the market. The case-to-case-based analysis of positions that may be initiated is given below:
| Case No. | Particulars | Position to be Initiated |
| I | Nifty 50 sustains above 18700 | Bullish |
| II | Nifty 50 between 18500 & 18700 | Sideways |
| III | Nifty 50 crosses below 18500 | Bearish |
