Thursday, 2 July 2015

market review for 3-7-15

Market Review for 3rd July 2015

Nifty (8445) we said ‘now I would watch 8450 as and trade long as a sharp reaction is not ruled out’ a reaction came in as expected but it was more of a sluggish reaction…technically I would view the trend as still intact up as long as 8370 holds…but some more sluggishness is not ruled out…         

The support for Nifty is it 8370-8300 and the resistance to the up move is at 8567

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