Tuesday 2 February 2016

Market Review for 3rd February 2016

Nifty (7456) we said ‘technically  the market could be in a pause mode and reaction to around 7507 is not ruled out’ the market reacted as expected but reacted more and closed below the 7507 mark…now the question is will 7400 hold?          

The support for Nifty is it 7400 and the resistance to the up move is at 7507-7607

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