Thursday 9 July 2015

market idea for 10-7-15

Market Review for 10th July 2015

Nifty (8329) we said ‘technically now any up moves would be shorting rallies…downside open until 8325-8275’ the market unfolded weak and has seen the low at 8323 right on our support…technically the market is weak and if it continues down then the next logical target would be 8275 but I would not be surprised if some short covering comes in here… 

The support for Nifty is it 8420-8370 and the resistance to the up move is at 8325-8275

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