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Bank Nifty is in strong up moves & in the free flowing zone. As per the present position it is looking that it still may continue its uptrend & may move more from here. The next technical resistance in Bank Nifty Future seems to be around the levels of 11500 to 11550. So one may go for buy on dips strategy in it until it close below 10500.

Sensex may face the next resistance close to the levels of 18310 to 18350. Decisive closing above this resistance zone may take up it till the levels of 18800 to 18850 in near run. In the downside the short term support seems to be at the levels of 17800 to 17850. Decisive closing may further decline it till the lower levels of 17400 in near run.
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