Nifty (7915) we said ‘there exists a strong support to around 7775 and the market seems to be up as long as 7775 holds’ the market opened with gap and achieved our target of 7973 and closed flat for the day…looks like some profit booking has set in and there is a good chance that market may not go in a hurry though it still looks up as long as 7850 holds…
The support for the Nifty is at 7850-7775 and the resistance to the up move is at 7973-8000
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