Sunday 21 December 2014

MARKET REVIEW FOR 22-11-2014

Market Review for 22nd December 2014

Nifty (8225) we said ‘technically now some more upside as we have an F&O expiry next week ahead of the holidays…crucial support 8000’ the market unfolded strong as expected and closed in the green and in the process generated an indecisive pattern…technically up move still on but 8290-8300 is still a stiff resistance zone…crucial support 8100

The support for Nifty is it 8100-8000 and the resistance to the up move is at 8290-8300-8320

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