Nifty (7843) we said “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 market opened with a bear gap and once again bounced from closet to our support at 7691…technically like I said we are not out of the woods as yet unless it takes out the high of 8000 with force…
The support for Nifty is it 7797-7736-7680 and the resistance to the up move is at 7950-8000
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