For today the Nifty is expected to open on a small gap up note on global cues. Strong support zone exists at 8970 – 9030. If this zone is protected the Bulls will bounce back to action in the However on the up side 9170 - 9230 working as a Strong resistance zone for the day if this level break we can see more down side 8930 8870 & upside 9250 - 9270 & similarly Bank nifty Strong support zone exists at 16930 – 17030 However on the up side 17470 - 17530 working as a Strong resistance zone for the day above if this level break we more down side 17030 - 16970 & upside 17930 - 18030. #NIFTY50