Tuesday 24 March 2015

MARKET IDEA FOR 25-3-15

Market Review for 25th March 2015

Nifty (8542) we said ‘maintain shorts as long as 8646 is not taken out’ the market has traded lower and closed flat for the day…we are now very close to the F&O expiry and so some volatility is not ruled out…from trading point of view shorts could still be maintained as long as 8623 is not taken out…  

The support for Nifty is it 8500-8430 and the resistance to the up move is at 8623-8646-8673-8700

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