Monday, 22 August 2016

Market Review for 23rd August 2016

Nifty (8629) we said ‘technically trend is still intact but there exists selling pressure near 8746 and support around 8600 zones’ the Nifty unfolded as expected and Nifty seeing low closer to supports…technically now the range is modified to 8700-8550 with volatility…    

The support for the Nifty is at 8600-8550-8520 and the resistance is at 8700-8746

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