Wednesday 27 January 2016

Market Review for 28th January 2016

Nifty (7438) 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 has closed flat into a pause mode and so the analysis still remains the same…          

The support for Nifty is it 7350 and the resistance to the up move is at 7475-7507

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