Market Review for 27th August 2015
Nifty (7792) we said ‘technically I would like to call this close a flat close with supports in the lower regions due to short covering…there is a very good chance that we may see trading in the green due to F&O expiry’ the market saw some short covering but yet closed in the red confirming the down trend…technically the indicators are such poised that a down move could result in a sharp reaction on the upside…will it is a question…
The support for Nifty is it 7576 and the resistance to the up move is at 8200-8400
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