Market Review for 9th September 2015
Nifty (7688) we said ‘technically no sign of strength as yet stiff resistance 7780…downside open’ the market did a yo-yo in the lower regions to finally close in the green for the day due to the extreme stretching of the market…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 support for Nifty is it 7475-7367 and the resistance to the up move is at 7780-7900
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