Monday 27 July 2015

market idea for 28-7-15

Market Review for 28th July 2015

Nifty (8522) we said ‘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 market opened with a bear gap and traded week closing deep in the red…next logical target is 8315-8245

The support for Nifty is it 8315-8245 and the resistance to the up move is at 8500

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