Market Review for 4th August 2015
Nifty (8543) we said ‘technically some more short covering is not ruled out…crucial support to watch would be 8315’ the market has traded in the green and closed in the green but the high of the day is a stiff resistance zone…technically the trend is still intact but I would watch 8500 as a crucial support to work with…
The support for Nifty is it 8500-8450 and the resistance to the up move is at 8567-8637
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