Technical indicators suggest that Nifty (Spot) might open near 23850. Sustaining above this level could lead to a rally towards 23925/24025/24120.

However, if the index fails to hold above 23820 it may drift lower to 23750/23700.

Bank Nifty (Spot) is anticipated to open around 57500. A sustained move above this level may push it towards 57450/57600/57870/58000.

On the other side, sustain below 57450 may lead to a down towards 57285/57100.

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.