"The most recent lows are pretty good supports to hang on to. If 19,253 on the Nifty gets broken, we will probably see downside to 19,150; that would be our worst-case scenario. Right now, we are closely watching this breakout point. Similarly, on the Bank Nifty, there is the 20-week average which has held as a pretty good support and which was close to around 43,800. We did not break that on a weekly closing basis and if we stay above that for the rest of the week, then that would also be a good sign."