Bazaar Aaj Aur Kal: Make strategy today for tomorrows market, know the opinion of Anil Singhvi

Some recovery expected in the US today. Our markets have become light, short covering is possible. Market is very close to the support level. The selling pressure from the FIIs eased a bit. Nifty support between 16,875 to 16,950. If Nifty goes below 16,800 then weakness will increase. Nifty will try to move from 17,150 to 17,200. Bank Nifty support between 35,525 to 35,725. Bank Nifty has some resistance between 36,300 and 36,500.