Tuesday 10 February 2015

MARKET REVIEW FOR 11-2-15

Market Review for 11th February 2015

Nifty (8566) we said ‘technically now 8380 could be the next target’ the market opened with a bear gap and closed in the green after taking support from near 8500 zones…technically the Nifty is still weak but some short covering bounce is not ruled out as the market is technically stretched…

The support for Nifty is it 8500-8380 and the resistance to the up move is at 8600-8750

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