Monday 21 December 2015

Market Review for 22nd December 2015



Nifty (7834) we said ‘technically some more sideways action not ruled out in the truncated week…hope 7730 holds’ the market bounced back from our crucial support of 7730 like  a dot and closed in the green…technically now 7888, 7926 and even 7980 is possible as long 7730 holds..

The support for Nifty is it 7730 and the resistance to the up move is at 7888-7926-7980

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