NIFTY50:
The Nifty50 morning opened low at 14,550.05 and hit an intraday low at 14,471.50, but gained strength amid volatility in the afternoon and touched the day high at 14,617.80. and end of the session at 14,595.60, up 30.70 points or 0.20 per cent.
The Nifty50 continued to witness bullish on intraday session, which once again resulted in a hanging Man candle formation, with a dominating lower shadow over candle body. However, advance/decline ratio remained negative for the second session in a row, as it slightly tiled in the favour of bears, analyst said.
On the other hand, if the index closes above 14,653, then it shall extend the up move towards 14,750 –14,800.
On options front, maximum Put options open interest at 14,000 followed by 13,000 strike, while maximum Call option open interest at 15,000 followed by 14,000 strike. Call option writing will seen at 14,800 then 14,600 strike, while Put option writing will seen at 14,500 then 14,100 strike.
The above mentioned options data indicated that the Nifty50 could see an immediate trading range at 14,300 to 14,800 levels.
BANK NIFTY:
The Bank Nifty morning opened negative at 32,526.70 and remained consolidative for the most part of the session. It witnessed some recovery from lower zones in the last hour but ended the day at32,519.80 levels, loss of down 54.90 points or  0.17 per cent.
BANK NIFTY index formed a Doji candle on the daily scale which indicates hits at new high. Index has to continue to hold above 32,200 zone to witness an upmove towards 32,750 and 33,000 while on the downside support is seen at 32,000 and 31,750,
NIFTY TOP 5 GAINERS AND LOSERS: 
GAINERS: UPL, BPCL, INDUSINDBK, TCS and IOC
LOSERS:HCLTECH, GRASIM, JSESTEEL, AXISBANK and TECHM