Nifty (8207) we said “technically the market still looks weak and now if it breaks 8064 then it could head down to 8005 or even 7937 but I would maintain that 8175-8200 is a stiff resistance zone to work with” the Nifty did not breach 8064 and instead climb up to close right near our resistance in the green…technically now I would say that all time high on the Nifty & the bank Nifty are under threat…crucial support is at 8137
The support for the Nifty is at 8137 and the resistance is at 8275-8300
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