Nifty (7485)
we said ‘now I would have 7400 as a trailing stop and trade long’ the
market unfolded as expected and has managed to stay above 7400…I would
say that 7400 has been defended by the bulls and the market is likely to
proceed towards 7702 in the days to comer
The support for the Nifty is at 7400 and the resistance to the up move is at 7550-7702
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