The Nifty50 formed a bearish reversal pattern due to a shooting star pattern on its weekly chart and saw a decrease in FII long-short ratio, which may indicate a bearish movement for Indian markets. The maximum call and put OI strike is at 18,200 for Nifty50, with multiple resistances at that level and support at 17,800. Meanwhile, Bank Nifty is expected to see its resistance level at 43,500 and support at 42,000, with a trading range of 42,500-43,500 in the coming week. Consumer durables rose by 2.5% on the S&P BSE index, while commodities and banks fell.