Tuesday, 2 December 2014

3-12-2014

Market Review for 3rd December 2014

Nifty (8525) we said ‘we are now heading into an event day with RBI policy and the market is expected to be volatile…trend is still up as long as 8430 holds’ the market traded in the green and red as expected and finally closing in the red…technically the uptrend is still intact as long as 8430 holds…         

The support for Nifty is it 8430-8350 and the resistance to the up move is at 8617-8750.

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