Nifty (7624) we said ‘technically looks like some more up move is on the cards…Crucial support 7420’ the market unfolded as expected and closed in the green…. Technically now a buy signal has been generated and so a further move is on the cards and looks like the up move now would be fueled by the IT stocks as well…
The support for Nifty is it 7530 and the resistance to the up move at 7730
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