NIFTY and Bank Nifty view.

Nifty given the swing trade sell signal, but Bank nifty is managed to be in bullish sign, Today Nifty 10660 spot levels is very much important .  A bullish candle which is able to go past 10700 and close above will be good for bulls, otherwise,  there will be pressure in the downside.  Bank nifty should hold the 25530 levels to stay bullish.

How to trade:

Gap open above 10660 levels is spot is no trade zone. 10610 yesterday low will play major role in bulls strategy, they try to buy as long as Nifty stop trade above 10610 - 10600 or around that level.  To short Nifty 10700 in spot is best place without any fear of loss. and In Banknifty around 25750 spot levels can place short without any fear.

The below scrip can be watched for today..

WATCH LIST - LONG/SHORT REVERSAL / FOLLOW UP
Security Name	OPEN	HIGH	LOW	CLOSE
ADANIPORTS	401.95	409.60	391.30	408.25
INDUSINDBK	1878.50	1898.00	1870.30	1891.15
SHORT CANDLE/ LOOK FOR REVERSAL BUY / FOLLOWUP SHORT
Security Name	OPEN	HIGH	LOW	CLOSE
ASIANPAINT	1212.00	1212.00	1178.10	1190.45
AXISBANK	533.90	533.90	519.05	520.30
BAJAJ-AUTO	2985.00	2986.00	2885.00	2888.65
CIPLA	612.10	612.45	595.50	597.00
ITC	287.00	287.00	275.85	277.15
M&M	864.95	868.50	852.35	854.30
NTPC	174.20	174.20	170.60	170.90
SUNPHARMA	530.00	533.00	516.40	517.95