Market Review for 20th January 2015
Nifty (8551) we said ‘technically now I would watch crucial support of 8380 and trade long as long as 8380 holds’ the market has closed in the green generating a small indecisive bar…technically now we could have a large day either up or down…it would be a bit of an issue if the market was to open below 8530…however 8627 the all time high is not too far too…
The support for Nifty is it 8530-8380-8065 and the resistance to the up move is at 8600-8627
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