Wednesday 24 September 2014

25-9-2014 MARKET IDEA

Market Review for 25th September 2014

Nifty (8002) I feel ‘technically now 8064 is a stiff resistance to deal with…volatility not ruled out and 7940 is a strong support zone’ the market unfolded as expected and stayed within our defined parameters…we now head into F&O expiry with long holidays ahead and so volatility not ruled out with 7920 as support zone and 8064 as resistance zone…  

The support for Nifty is it 7920 and the resistance to the up move is at 8064-8217

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