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Today (26-10-2016) NIFTY has seen a bearish trend below 21 day MA and above average volume. Support level around 8650 was broken and 8600 was tested, which was proved vital for bull to recover but only to gain around 15 points. The overall strength and trend is bearish and 8600 level is more likely to be broken as market is not find a good news to re-bounce. Today world market is in red and FII contribution is negative. Today’s market out-performers are KOTAKBANK with top delivery counter whereas IDEA, MARUTI, BHARTIARTL & HEROMOTORS all having above average volume. Today’s under-performers are AXISBANK, TATAMOTORS with top delivery counter, whereas TATASTEEL & ICICIBANK with above average volume & TECHM with under average volume.