Wednesday 28 October 2015

Market Review for 29th October 2015

Nifty (8171) we said ‘technically a big move is expected either up or down…but 8347 also is a stiff resistance to deal with’ the market had a big move as expected and it was down…we are now into an F&O expiry and the market still looks down with stiff resistance around 8250  

The support for Nifty is it 8150-8050 and the resistance to the up move is at 8250-8347

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