Nifty (7831) we said ‘technically the trend is still intact up as long as 7750 holds…a reaction is not ruled out’ the market unfolded as expected and traded in the red bit finally closed in the green…technically the market is still up as long as 7750 holds though stretched for a potential reaction…
The support for Nifty is it 7750 and the resistance to the up move at 7860-8056
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