Wednesday 30 April 2014

MARKETS FOR 2-5-14


Nifty (6696) we said ‘next logical TGT and strong support zone is 6650’ the market unfolded as expected and saw the low at near our support of 6650 and closed in the red…technically the market is still weak but has seen at a crucial support and saw a technical bounce is not ruled out…

The support for Nifty is it 6650-6600 and the resistance to the up move at 6800- 6900-7000

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