On the day of expiry market closed with positive bias and looks more up side in coming days. 
Nifty...........Consider support 8000 and resistance 8150, crossover it will show real move towards 8270 8300, thereafter big move and new bull market can not be ruled out. On the lower side support 7900 break this level over all selling in the market. 
Bank Nifty.........................Closed above 18000 mark looks positive bias with consider support 17800 and resistance 18200 crossover over all buying in the market and buy side. 
Some important level watch out. 
Nifty Future...........8124 to 8100 
Bank Nifty..............18090 to 18056 
BPCL..................640 to 631 
HDFC .............1270 TO 1260 hINDALCO........156 TO 153 
and many more 
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Friday, December 30, 2016
          Market out look...................
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