Nifty (8233) we said ‘technically now 8347 is a stiff resistance…and there is a good chance if some more profit booking is not ruled out’ the market traded weak and has closed in the red…technically a big move is expected either up or down…but 8347 also is a stiff resistance to deal with…
The support for Nifty is it 8207-8150-8050 and the resistance to the up move is at 8347
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