Tuesday 25 August 2015

nifty support & resistances

Market Review for 26th August 2015

Nifty (7881) we said ‘technically like I said the downside is open with logical target on the downside being 7476’ the market has traded weak and closed in the green…technically I would like to call this close a flat close with supports in the lower regions die to short covering…there is a very good chance that we may see trading in the green due to F&O expiry…         

The support for Nifty is it 7576 and the resistance to the up move is at 8200-8400

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