Thursday, 31 March 2016

Market Review for 1st April 2016

Nifty (7738) we said ‘technically now 7800 looks possible’ the market saw the high at 7778 and closed flat on the last day of the F&O expiry  and in the process generating an indecisive pattern….technically 7800 is still possible as long as 7700 holds but my concern is the banks…  

The support for the Nifty is at 7700-7650 and the resistance to the up move is at 7784-7952

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