Market Review for 28th August 2015
Nifty (7949) we said ‘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 sharp up move came in the later part of the trading session and the market closed in the green in the process creating a set up where 7770 has become a critical make or break level…long as long as 7770 holds…
The support for Nifty is it 7770-7576 and the resistance to the up move is at 8200-8400
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