Market Review for 26th August 2014
Nifty (7906) we said ‘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 market traded in the green but got caught around 7959 mark and closed marginally in the red…technically the trend is still intact up as long as 7840 holds…volatility at its best…
The support for Nifty is it 7840-7780 and the resistance to the up move at 7959-8073
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