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Can and stable

<p>Support at various levels key to bounce back</p>

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Domestic markets witnessed selling, but support at the lower level and improved global conditions towards the fag end of the week, helped markets recover. Nifty may test its 200 DMA at 8373 and 8400 on the north and may find support at 8203 (50 DMA).

A break above or below the major resistance and support level will give further course of the market. Investors can create ratio spread on Nifty October series by buying 8300 call one lot and selling two lots of 8400 call.

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