Saturday, 28 February 2015

MARKET IDEA FOR 2-3-15

Market Review for 2nd March 2015

Nifty (8902) we said ‘I suspect the market may open with a bull gap and trade down but who really knows what could happen’ actually that’s what happened on the budget day and closed below its open though a positive close…technically now I would view 8770 as a crucial support to deal with…and trade long as long as it holds above it…     

The support for Nifty is it 877-8730 and the resistance to the up move is at 8920-9000

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