Nifty (8336) we said “technically the trend is still intact up and the next logical target in the days to come still is 8440 and I would not be surprised if Nifty pauses here as it has run up to fast…8300 & 8240 is a crucial support to work with’ the market unfolded as expected and went into a pause mode and closing in the red…technically I would maintain that 8280-8240 still is a possibility in an uptrend
The support for the Nifty is at 8300-8240 and the resistance is at 8400-8447
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