Nifty (7640) we said ‘Technically now a buy signal has been generated and so a further up move is on the cards and looks like the up move now would be fueled by the IT stocks as well the IT stocks showed positive trend as expected and that added some bounce to the market instead of the banks and closed in the green…technically now 7600 has become a strong support to work with…
The support for Nifty is it 7600-7530 and the resistance to the up move at 7730.
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