Technical indicators suggest that Nifty (Spot) might open near 24400. Sustaining above this level could lead to a rally towards 24460/24540/24610.

However, if the index fails to hold above 24350 it may drift lower to 24300/24255.

Bank Nifty (Spot) is anticipated to open near 57800. A sustained move above this level may push it towards 57950/58040/58175/58300.

On the other side, sustain below 57750  may lead to a down towards 57590/57430.

Disclaimer: The above views are for educational purposes. Please conduct your own analysis before initiating any trades

Stoploss is highly necessary with every entry. Because market & stock movements are always uncertain. Your small or good profit can turn into big loss in few minutes to hours due to Volatility. So capital protection is first rule of stock market.