Friday, January 15, 2016

Indecision . . . .

Hi All,

Nifty opened with a small gap up and then trading almost flat for first one hour of today’s trading

I think Nifty will have a strong support near 7500-7510 mark, below which a selling to further levels of 7470-7450-7420 can be expected.

On the higher side, Nifty has to cross 7610 levels to start any fresh up move....


The bias for markets till an either side breakout happens can be sideways.

Cheers . . .

Hrishi

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