Market Review for 20th March 2015
Nifty (8635) we said ‘now the market is trapped between 8735-8610 zones’ the market opened with a bull gap and traded lower to close in the red…it must be noted that the market never closed above our short covering point of 8753 and so the shorts continue…now I would maintain shorts as long as it closes below 8700…
The support for Nifty is it 8610-8593 and the resistance to the up move is at 8700-8735
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