Market Review for 12th February 2015
Nifty (8627) we said ‘technically the Nifty is still weak but some short covering bounce is not ruled out as the market is technically stretched’ the market yet again saw some more short covering bounce and has closed on a pressure point of 8627…now the market is at a very crucial place…I would hold long as long as 8593 holds…its make or break
The support for Nifty is it 8593-8500-8380 and the resistance to the up move is at 8750-8785
No comments :
Post a Comment