Nifty (7864) we said ‘technically a big move is around the corner but would maintain that the market is up as long as 7900 holds but 8000 is a stiff resistance to deal with’ the market saw a big move as expected and breached the 7900 mark to close in the red…technically now 7900 is a stiff resistance and downside is open…
The support for Nifty is it 7780 and the resistance to the up move is at 7900-8050-8100
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