Wednesday, 11 March 2015

MARKET IDEA FOR 12-3-15

Market Review for 12th March 2015

Nifty (8700) we said ‘now looks like the market would have a bull gap open and hope it sustains…otherwise 8670 would be the next logical target on the downside’ the market unfolded with a bull gap as expected and also too support from near our support of 8670 and closed flat…technically now 8670 has become a crucial support to work with…

The support for Nifty is it 8670-8593 and the resistance to the up move is at 9000-9169

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