Sunday, 21 August 2016

NIFTY OUTLOOK FOR 22-8-16

Nifty (8667) we said ‘it is quite possible that the Nifty may open again in the green but I would be cautious in the upper regions’ the Nifty opened in the green and traded volatile during the day and closing flat…technically trend is still intact but there exists selling pressure near 8746 and support around 8600 zones     

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

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