Nifty (8051) we said ‘ technically some more downside to around 8000 is not ruled out…stiff resistance 8200’ the market unfolded as expected and saw the low near our support of 8000 and has closed in the red…technically the Market is still looking weak but some upside is not ruled out…trading below 8000 would be a continued sign of weakness…
The support for Nifty is it 8050-8000 and the resistance to the up move is at 8150-8200
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