Nifty has shown very poor momentum on the upside & was lack any bounce even after the gap down opening yesterday. This is bearish sign & we do not see it crossing 5935.On the downside we see support at 5850 & then at 5775. Bank nifty has shown very high beta on downside shows no sign of recovery.Use every rally to exit.

      In the current circumstances we prefer to avoid giving call but analyze the bank nifty charts as shown below.