Sunday 29 March 2015

MARKET IDEA FOR 30-3-15

Market Review for 30th March 2015

Nifty (8341) we said ‘we now have a F&O expiry…volatility not ruled out and shorts should be maintained as long as 8602 is not taken out’ the market has traded lower and has not taken out 8602…technically no sign of strength and shorts to be maintained until 8500 is taken out …

The support for Nifty is it 8430-8165 and the resistance to the up move is at 8500-8602-8623-

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