Thursday, 26 February 2015

MARKET REVIEW FOR 27-2-15

Market Review for 27th February 2015

Nifty (8684) we said ‘now some more downside not ruled out…strong resistance 8860’ the market traded flat and so the analysis remains the same for the F&O expiry day’ the market traded in the red as expected …technically now 8860 has established as a strong resistance zone to deal with…bias down with volatility…       

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

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