Market Review for 1st September 2015
Nifty (7971) we said ‘technically we are not out of the woods as yet…I would prefer a close above 8070, however we could see some support emerging in the lower regions’ the market unfolded as expected with supports in the lower region and yet market not trading above 8070…technically the view remains the same and I would prefer a close above 8050 for me to be bullish…
The support for Nifty is it 7770-7576 and the resistance to the up move is at 8050-8200-8400
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