Nifty Future:

Nifty Future keeps falling in oversold zone of short time frame and could Pullback sooner than later.. Confirmation regarding this might happen today, if it manages to cross 8800 and short covering could take to fill the Gap around 8890.

On downside, visible support is around 8660 and if it doesn’t hold this, probably could drift towards 8525 in next few days.

Stock Future:

Banking stocks continue to be in weak mode and Bharti Airtel appears to have negated the weakness in Daily chart. The Stock could move ahead if it protects the support level of 350

Good Luck !!

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