Monday 22 September 2014

VIEWS FOR 23-9-2014

Market Review for 23rd September 2014


Nifty (8146) we said ‘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 market opened with a bear gap but the trading during the day was positive and the market closed in the green…technically the logical technical targets at 8217-8232 still is valid as long as 8064 holds…

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