Sunday, 22 February 2015

MARKET IDEA FOR 23-2-15

Market Review for 23rd February 2015

Nifty (8834) we said ‘crucial support 8795’ the market has been trading sideways since the last 5 days….technically the trend is still intact up as long as 8795 holds…we are into a budget & F& O expiry week…market is expected to be volatile but looks like it is not taking out the 9000 mark in a hurry..    

The support for Nifty is it 8795-8730 and the resistance to the up move is at 8920-9000

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