MID
SESSION BETTER ...!!!
Nifty
7672 -75
After
Two days’ of smart rise / pullback Nifty gave up 50% of the gains
and closed well below 7700 mark. Unless Nifty closes aove 7750 mark,
short term bullishness would not return. Nifty spot is expected to
encounter resistance at 7715, 7750 and find support at 7635, 7600 for
Thursday. While Global cues, Quarterly results and
Funds flow are expected to broadly guide the market movement,
based on the present market position, market can be expected to
experience volatile / zigzag movements with better midsession.
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