Market Review for 21st January 2015
Nifty (8696) we said ‘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 market opened with a bull gap and had a big day as expected and also crossed the 8627 mark…technically now the market is trading in a bull sky territory…now 8600 should be a crucial support to work with…
The support for Nifty is it 8600-8530 and the resistance to the up move is at 8808
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