Thursday, 16 April 2015

market idea for 17-4-15

Market Review for 17th April 2015

Nifty (8707)  we said ‘technically now I would view 8845 as stiff resistance to deal with’ the market traded weak and closed lower for the as expected…technically the market could see some more selling in the upper regions…I would be bearish until 8845 is not taken out…   

The support for Nifty is it 8640-8575 and the resistance to the up move is at 8845-8880

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