Will Nifty, Bank Nifty reverse the downtrend? Here's what tech analysts say

Technical analysts say the Nifty may be reversing its downtrend. Pabitro Mukherjee of Bajaj Broking says the index is showing signs of a pullback after forming higher highs and higher lows on Thursday. He adds the key hurdle stands at 23,600 levels. Bank Nifty's outlook was also discussed. If you invest or trade index derivatives, watch that 23,600 level closely.