17 October 2014

Today nifty index has a stiff resistance at 7772 Once if it  cross 7772 it might reach 7787 and 7803 too. Above those levels, bulls may take nifty to 7820 and even 7838 levels.
On the other side, below 7727 level, nifty may be dragged down to 7712 by bears. More action can be seen only below 7696 Once if nifty manages to cut 7696, it may touch 7679. Final support for bulls acting at 7661 level.

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