Tuesday, 4 August 2015

market idea for 5-8-15

Nifty (8517) we said ‘technically the trend is still intact but I would watch 8500 as a crucial support to work with’ the market breached the 8500 mark and managed to close above it…now a close below 8450 would be negative for the market…    

The support for Nifty is it 8500-8450 and the resistance to the up move is at 8567-8637

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