NIFTY
17000 - Support. Both Long and Short build up.
Longs - 77.37L (Intraday - 16.06L)
Shorts - 46.25L (Intraday - 17.09L)
17050 - Congestion zone. Both Long and Short build up.
Longs - 16.54L (Intraday - 8.28L)
Shorts - 18.56L (Intraday - 11.72L)
17100 - Resistance. Long unwinding and Short build up.
Longs - 32.04L (Intraday - 4.76L)
Shorts - 70.93L (Intraday - 32.55L)
17200 - Resistance. Long unwinding and Short covering.
Longs - 20.15L (Intraday - minus 2.51L)
Shorts - 73.53L (Intraday - 27.03L)


BANKNIFTY
38000 - Support. Long unwinding and Short build up.
Longs - 21.79L (Intraday - 5.77L)
Shorts - 2.63L (Intraday - 1.04L)
38500 - Support. Both Long and Short build up.
Longs - 26.44L (Intraday - 10.04L)
Shorts - 14.19L (Intraday - 10.02L)
38800 - Congestion zone. Long unwinding and Short build up.
Longs - 6.10L (Intraday - 2.14L)
Shorts - 14.08L (Intraday - 8.79L)
39000 - Resistance. Long unwinding and Short covering.
Longs - 11.50L (Intraday - minus 42950)
Shorts - 36.77L (intraday - 13.96L)
39500 - Resistance. Short build up.
Longs - 6.20L (Intraday - minus 1.06L)
Shorts - 28.80L (Intraday - 9.91L)
40000 - Resistance. Low volume Long unwinding and Short build up.
Longs - 4.82L (Intraday - minus 1.33L)
Shorts - 31.49L (Intraday - 4.92L)

Data still neutral .
BANNKNIFTY weaker than NIFTY.
VIX 1.22 up.
DOW FUTs 370pts up, increasing.
As mentioned markets reversed from the yesterday's low.
Markets looks range bound, we could see trending move after 1.30PM possibly on the upside

Watch it