Thursday, 10 September 2015

market idea for 11-9-15

Market Review for 11th September 2015

Nifty (7788) we said ‘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 market opened with a bear gap and covered up to close in the green…now I would wait for a move above 7847 to go long for a target of 7962…otherwise it’s a no trade zone   

The support for Nifty is it 7765-7475 and the resistance to the up move is at 7847-7900-7962

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