“BUY
NIFTY ABOVE 7175 TGT 7220/7260 “
“SELL
NIFTY BELOW 7060 TGT 7020/6980”The Sensex opened at 23,237, touched an intra-day high of 23,434 and low of 22,924. It finally ended with a gain of 190 points at 23, 382. The Nifty opened at 7,059 hitting a high of 7,117 and low of 6,961, before ending with a gain of 60 points at 7,108. Nifty closed on a bear note at 7048. So today on upside first resistance is at 7093-98 level. Next resistance are at 7139-44, On downside first support is at 7002-97 level. Next support are at 6956-51, Market is in bear side .So today on upside intra resistance are at 7098 and 7144 level .On downside be alert below 6997 and avoid all intraday longs below 6951 level .The market surrendered most of the gains made in the recent rally. The index closed even below the 7050-mark, which at least I was not anticipating.