Sunday 31 January 2016

1-2-16

Nifty (7564) we said ‘technically the 3 day up move from the recent low looks reactive in nature and if the up move continues then the next logical target in the days to come could be 7507’ the market crossed the 7507 mark and have a massive breakout on the first day of the new F&O series…technically now 7507 becomes a support to work with…        

The support for Nifty is it 7507 and the resistance to the up move is at 7607-7663-7693

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