Market Review for 18th March 2015
Nifty (8723) we said ‘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 market bounced back as expected and has closed in the green…now 8610 has become a crucial make or break level and shorts out to be closed if Nifty closes above 8735…
The support for Nifty is it 8610-8593 and the resistance to the up move is at 8735-8850-9000
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