Tuesday 15 July 2014

MARKET VIEW 16-7-2014


Nifty (7527) we said ‘and now looks like there could be a slight short covering but the trend still in a bit bearish’ the market unfolded as expected and has closed in the green led by banks…technically looks like some more up move is on the cards…Crucial support 7420          


The support for Nifty is it 7420-7360 and the resistance to the up move at 7600-7730  

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