Market Review for 10th February 2014
Nifty (6063) we said ‘technically the market is still weak but like I said it is stretched, and so a technical bounce is not ruled out and from a trading perspective it would be wise to trade long only after it manages to cross above 6075’ the market opened at our reference point and traded down to close marginally in the green…technically now 6000 is a crucial support to work with…
The support for Nifty is it 6000-5972 and the resistance to the up move at 6075-6190
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