If I had to talk about the lower levels in both the indices, then I am expecting 49,000 to 50,000 in next one month on Bank Nifty and 24,000 on Nifty.
Tech view: Nifty faces resistance from short-term moving averages, forms small negative candle. How to trade tomorrow
After acting as support for months, the 10 and 20-day exponential moving averages (EMAs) have recently been breached. These EMAs now pose resistance around 25,150-25,200,