We don't know what will happen in Indian Market next but it seems like NIFTY 50 and BANK NIFTY are totally flowing the Global markets. Everyday after 12:30 NIFTY 50 follows DAX and FTSE100 with a lag. See the chart for next weeks analysis
Bank Nifty has been following this trend channel since and it should continue in this, until it break. Go short If break below. Wait and see it breaks up ward