Market Review for 9th July 2015
Nifty (8363) we said ‘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 market cracked and closed in the red upholding our resistance of 8567… technically now any up moves would be shorting rallies…downside open until 8325-8275
The support for Nifty is it 8420-8370 and the resistance to the up move is at 8325-8275
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