Nifty Weekly Chart
Nifty Daily Chart
Steady fall for last four sessions. Till 14753 holds uptrend could resume.
Bank Nifty Weekly Chart
Bank Nifty Daily Chart
The failed breakout may be signalling bearishness. However,gap supports need to be filled and previous peak around 32600 need to be conquered by bears to start a bearish trend.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!