Market Review for 21st August 2015
Nifty (8373) we said ‘the market meanwhile traded flat and has now formed a pattern where a breakout is needed from levels of 8520 levels for around 60 points…there is some over hang around 8600 zones… while crucial support is at 8430 levels’ the market traded in the upper regions registering a high at 8501 and breaching the crucial support of 8430 and closing deeply in the red…technically Nifty is in a sell mode with stiff resistance around 8430 zone and downside open…
The support for Nifty is it 8289 and the resistance to the up move is at 8430-8520
No comments :
Post a Comment