Sunday 26 July 2015

market idea for 27-7-15

Market Review for 27th July 2015

Nifty (8522) we said ‘now 8500 is a very crucial support to work with’ the market shed some more weight and closed in the red…we are now into F&O expiry and the market doing a yo-yo trading would be difficult as 8600 is a stiff resistance and 8400 a support zone…

The support for Nifty is it 8500-8400 and the resistance to the up move is at 8600-8637

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