Nifty (7684) we said ‘I would still maintain that 7600 still is a strong support zone to work with’ the market unfolded as expected and has closed in the green…technically the bar generated for the day is an indecisive bar and capable of stalling the up move…but if the market proceeds up then the logical technical target then would be 7730…from a trading perspective I would watch the breach of crucial support of 7600 and trade long as long as that holds…
The support for Nifty is it 7600-7530 and the resistance to the up move at 7730
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