Bank Nifty spot opened at 18567.95 and made a low of 18432.30 , then went up till 18739.65 before closing at 18695.80 . Had mentioned that long positions can be taken above 18600 and short positions can be taken below 18430 for the day. Bank Nifty triggered our long trade and completed 2 targets . Had been mentioning since sometime 'Further downmove can be expected on a consecutive close below 18075 spot .Now Bank Nifty spot has initial resistance near 18505 - 18805 levels' and Bank held on to our cbsl of 18075 and has now made a high of 18740 . Those who are holding longs should now trail their cbsl to 18480 from 18380 mentioned in the previous post . IF Bank Nifty breaks and sustains above 18505 - 18805 levels on closing then we can expect a bounce till 19020 - 19210 levels initially . Till Bank Nifty does not give a consecutive close above 19181 this month we can expect this upmove to be sold into . For this week If Bank Nifty confirms our weekly longs by sustaining / closing above 18915 we can expect Bank Nifty to face resistance near 19045 - 19140 levels initially .Closing above 19200 we can expect a move till 19380 - 19500 levels. If Bank Nifty confirms our weekly shorts by sustaining / closing below 18480 we can expect Bank Nifty to get some support near 18345 - 18250 initially . Closing below 18195 we can expect a move till 17995 - 17785.