Nifty (7796) we said “technically the market still looks weak and reactive in nature…there is a good chance of a gap open either side’ the market opened with a bull gap as expected but could not sustain and caved in ahead of the RBI policy…technically the market is still weak and only a move above 8000 would bring in stability and until then caution is the order of the day…interestingly the market has closed right on our support like a dot
The support for Nifty is it 7797-7736-7680 and the resistance to the up move is at 7950-8000
No comments :
Post a Comment