Market Review for 22nd September 2014
Nifty (8121) we said ‘technically now 8000 is a strong support and next logical target in the days to come is 8217-8234’ the market unfolded flat after a massive up day indicating strength…but the bar generated for the day is an indecisive bar capable of stalling the up move in the F&O expiry week…ideally 8100 should now be the new support to lock in the profit…
The support for Nifty is it 8000 and the resistance to the up move at 8217-8232
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