Despite a positive opening, inability to convincingly breach the upper boundary of the 19770-840 band, which we had marked down as pivotal region, led to a liquidation spree that stretched through the day, until 19620 stepped in to arrest further free fall. The swing thereof and a close near 19700 encourages us to go in today expecting positivity and get back to the 20160 trajectory. However, expect bears to dominate if unable to clear 19770 or float above 19670, but a free fall is less expected.