Thursday 10 July 2014

Market Review for 11th July 2014

Nifty (7568) we said ‘we now have an event day ‘the budget’ the market is expected to be volatile and the bias is so far down’ the market unfolded volatile as expected first in green then in red and again in green and closing in the red for the day…technically the market has a stiff resistance around the 7700 regions and the downside seems to be open…


The support for Nifty is it 7500-7440 and the resistance to the up move at 7730-7877  

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