Friday, 19 February 2016

Market Review for 22th February 2016

Nifty (7211) we said ‘the market seems to be typically in a sideways mode’ the market traded flat and closed flat…technically the market is now in a sideways mode in F&O expiry week…with some supports emerging at 7120 zones and if the up move continues then the target could be in the vicinity of 7240-7350 zones  

The support for Nifty is it 7120-7000 and the resistance to the up move is at 7228-7240-7350

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