Anand James of Geojit warns that Monday’s market action hinges on earnings from RIL, HDFC Bank, and ICICI Bank. While Nifty breached its 50-DMA, a sharp fall seems unlikely. Bank Nifty may attempt a bounce, with ICICI and Kotak leading. Reliance could lend stability, but defence stocks remain under pressure. Patanjali, GMDC, and Max Estates show trading potential.