Nifty (7951) we said “technically like I said we are not out of the woods as yet unless it takes out the high of 8000 with force’ the opened with a bull gap and profit booking in the upper regions made it close flat for the day…technically I would still want a close above 8050 for it t be worthwhile trading on the long side…
The support for Nifty is it 7860-7797 and the resistance to the up move is at 8000-8050
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