Friday, March 11, 2016

Nifty Analysis

Date: 11-Mar-2016
Nifty opened higher but remained down most of the time, it closed at 7486...about 45 points lower.
In the opening session the important levels to watch will be 7475 and 7505
Any breach of this trading range will take Nifty to 7430-7401 on the lower side and 7544-7550 on the upperside.

If markets remain strong and If Nifty crosses 7550 easily then I expect it to give a good 200 points upward move.