Market Review for 25nd August 2014
Nifty (7913) we said ‘technically the trend is still intact up and has not been compromised and the logical target of 7959 is still valid’ the market traded mildly positive and closed in the green…we are now into F&O expiry week and technically the trend is still intact up so long as 7780 holds…the logical target in the days to come beyond 7959 is 8073 if it stays up
The support for Nifty is it 7780 and the resistance to the up move at 7959-8073
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