NIFTY VIEW:

Nifty 50 (8711)

Yesterday nifty crossed 8720 but gave a close @ 8711 
It had traded in a narrow range  8690..8730 and formed an evening star which says selling can be seen 

Today being rbi policy volatility can be seen 

If nifty maintains above 8730 can show 8840 

Today below 8680 the support zone  8600...8530 can be seen


BREAK THROUGH 8470 ON CLOSING AND MAINTAIN BASIS CAN INVITE THE SELLING PRESSURE