Nifty (7935) we said ‘technically Nifty needs to cross 7820 to indicate resumption of trend…there is a good chance 7700 could hold’ the market unfolded strong as expected and zoomed after crossing 7820…technically the market looks up 7977 and we could see profit booking in the upper regions…
The support for the Nifty is at 7850 and the resistance to the up move is at 7977-8049
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