23 September 2014


DLF Call given in our last post rocks..!!!!!!! Achieved all the targets
ICICI Bank almost achieved 1st target.
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After opening a bit lower nifty slipped into the red. Today game was completely in the hand of bears. Bears pulled Nifty index below its crucial psychological level of 8100 and is now trading near key support levels of 8000. Nifty index ended at 8017, down 128 points. It touched a high of 8159 and a low of 8008 in early trade. Nifty future started at 8143 made a high of 8164 and low of 8025 and closed at 8032 total 139 points was moved by nifty future throughout the day.

For tomorrow nifty will try to recover and come back to its comfortable zone of  8100, but for this nifty have to cross the hurdles of 8055-8075 if this level will be crossed then only some recovery will take place or else nifty will move in the range 8010-8045 levels . The level 8000 will act as a key supporting level of  nifty.
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RESISTANCE: 8050, 8100, 8150
SUPPORT:  8000, 7950, 7900