Wednesday 7 January 2015

MARKET IDEA FOR 8-1-2015

Market Review for 8th January 2015

Nifty (8102) we said ‘technically now 8250 is stiff resistance to deal with’ the market opened weak and traded weak to close in the red…now we could see some short covering but if it breaches 8065 then it could be a big down day…

The support for Nifty is it 8065-8000-7960 and the resistance to the up move is at 8250-8400

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