Wednesday, 6 May 2015

market idea for 7-5-15

Market Review for 7th May 2015

Nifty (8097) we said ‘so once again 8200 establishes 8200 as a crucial support to work with’ the crucial support breached and the market caved in negating the earlier up move and looks like back to bearishness…strong resistance 8170-8270

The support for Nifty is it 8000-7960and the resistance to the up move is at 8170-8270

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