Market Review for 17th March 2015
Nifty (8633) we said ‘now 8850 has become a strong resistance to deal with’ the market traded in the red in a narrow range…technically now a big day either side is expected…I would not be surprised with a bounce since it is stretched on the downside…however shorts ought to be closed if Nifty closes above 8735…
The support for Nifty is it 8593-8500 and the resistance to the up move is at 8735-8850-9000
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