Monday 27 April 2015

market idea for 28-4-15

Market Review for 28th April 2015

Nifty (8214) we said ‘the elusive up day that we were looking for did not come…so if we get that up day and a close above 8415 then the market could arrest its down fall’ the market unfolded weak as expected and the up move did not come…technically no sign of strength and we can say the down move is arrested if the market trades above 8250…

The support for Nifty is it 8000 and the resistance to the up move is at 8250-8415

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