Market Review for 8th July 2015
Nifty (8510) we said ‘technically the logical target of 8567 stays and beyond that to 8637…as long as 8420 holds’ the market has traded higher and saw some resistance near our resistance and has flat for the day and in the process generating an indecisive pattern…technically the trend is still intact up but I would not be surprised if the market stalls here as 8567 is a stiff resistance to deal with…
The support for Nifty is it 8420-8370 and the resistance to the up move is at 8567-8637
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