Market Review for 8th April 2015
Nifty (8660) we said ‘technically now 8500 is strong and crucial support to deal with’ the market opened with a bull gap and traded sideways to close flat for the day…the market looks stretched and so a reaction is not ruled out…I would hold long as long as 8575 holds…
The support for Nifty is it 8575-8500 and the resistance to the up move is at 8670-8880
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