Thursday, 28 July 2016

Market Review for 29th July 2016

Nifty (8666) we said ‘we are now into F&O expiry and the trend is still intact and upside to 8746 is still on if it crosses 8663… strong support at 8550’ the Nifty unfolded as expected and climbed up without yielding and crossed and closed above 8663… technically now 8746 is next logical technical target in the days to come…           

The support for the Nifty is at 8600 and the resistance is at 8746

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