Bank Nifty:
Bank Nifty has shown a sideways move between 44151 resistance and 43482 support. It has bounced back from the 43482 level. 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 | Bearish |
Nifty 50
Nifty 50 has crossed 18332 successfully. Initiating a bullish position is wise till it hits the next resistance which is 18604. 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 18332 | Bullish |
| II | Nifty 50 between 18083 & 18332 | Sideways |
| III | Nifty 50 crosses below 18332 | Bearish |
