Nifty 50, Bank Nifty: Will F&O Expiry Bring Rebound After Friday's Plunge?

• Nifty 50 and Bank Nifty faced over 2% correction on Friday due to Middle East tensions and rising oil prices.
• Experts suggest Nifty 50 may attempt a rebound but sustainability is key, with resistance at 23,000-23,200 and support at 22,600.
• Bank Nifty faces resistance at 53,000-53,300 and crucial support at 51,800, 51,300.
• India VIX at multi-year high reinforces cautious market stance; Nifty declined over 9% this month.
• Analysts provide varied strategies: buy Nifty Futures on dips, sell Nifty Futures around 23,000, or sell on rise around 23,200.