Tuesday, 17 June 2014

MARKETS FOR 18-6-14

Nifty (7632) we said ‘technically the market is still weak and 7600 is a stiff resistance to deal with’ the market traded in a very narrow range the entire day and finally zoomed up in the one hour to close in the green…now I would watch 7500 and trade long above it and short below it…

The support for Nifty is it 7500-7250 and the resistance to the up move at 7877       

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