Nifty Future: The Nifty is likely to open flat to negative on the back of mixed global cues. It is likely to trade in the range of 8020-8100.
Sell Nifty in the range of 8075-8080 for targets of 8045-8025, stop loss: 8095
Bank Nifty Future: The index has finally closed below the important level of 17500. With pressure seen in both private and public banks, the ongoing negative momentum is likely to be stretched till 17200-17000.
Sell Bank Nifty in the range of 17550-17600, targets: 17450-17350, stop loss: 17680