Friday, 27 February 2015

MARKET IDEA 28-2-15

Market Review for 28th February 2015

Nifty (8845) we said ‘technically now 8860 has established as a strong resistance zone to deal with…bias down with volatility’ the market bounced back a day before the budget to close in the green…its D–Day now…I suspect the market may open with a bull gap and trade down but who really knows what could happen…      

The support for Nifty is it 8730-8600 and the resistance to the up move is at 8860-8920

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