Wednesday, 9 September 2015

market idea for 10-9-15

Market Review for 10th September 2015

Nifty (7819) we said ‘technically the market is still down and stiff resistance is now at 7760 and at 7860 and a close below 7560 will negate this solitary up move’ the market opened with a bull gap and closed in the green for the day…technically the market is still weak though it can climb to around 7962 as well but I would wait for the first sign of weakness at the breach of 7765…    

The support for Nifty is it 7765-7475 and the resistance to the up move is at 7900-7962

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