Market Review for 16th October 2014
Nifty (7864) we said ‘technically the market is still weak and volatile ahead of a holiday’ the market opened with a bull gap but as expected could not sustain in the upper regions and sold off closing marginally in the red…technically the market is in a typical sideways mode within 7950 & 7800 zone…volatility not ruled out…
The support for Nifty is it 7840-7798-7754 and the resistance to the up move is at 8000-8050-8064
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