Market Update :
On hourly charts Nifty took resistance of Super Trend which is suggesting that the upward move was limited and if Nifty breaks 8240 - 8230 then we can expect 8180 - 8130 levels in short term, with resistance be near by 8260 - 8270 levels.
One can short Nifty if it breaks 8240 - 8230 mark with targets near by 8180 - 8130 and Stoploss above today high.
Trade with Strict Stoploss and with proper Money Management
Regards,
Mayur S.
Mayur S.
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