Market Review for 5th June 2015
Nifty (8131) we said ‘technically now 8517 is a stiff resistance and downside seems open’ the market traded lower and closed flat…technically the market is still weak but since it has closed flat there is a good possibility that we could see some short covering…strong resistance would be 8270
The support for Nifty is it 8100-7966 and the resistance to the up move is at 8270-8517
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