Bank Nifty R1 - 27595 S1- 27392 S2- 27163 Breaking on any Resistance or Support will give direction to the Banking sector.
Even if the spot chart shows bearish engulfing pattern, the volumes are just below the avg. The immediate resistance is at 1140 which makes it a low RRR for a short trade where downside support is at 1123 (Fut). So no trade on this counter for taking home, tomorrow on open we can take our call.
Nifty might find support around 10500 levels for the current expiry, also the Reliance PCR-OI at .38, supertrend also giving sell signal, a lot of Call OI standing and overall market is in bears hand after today's crash, which was witnessed after global markets new 10 year low. Sell at market open on 26th SL 1095. Trade at your own risk.