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Nifty market update 16th January 2015

Nifty future trend 16th January 2015

Nifty future trend 16th January 2015

Nifty future opened gapup and fired 200+ points and closed highly positive at 8489 , now if nifty future click our resistance of 8530 and manage to sustain above our daily resistance then expect nifty future to fire upto 8570 – 8610 .

If nifty future click our support of 8440 and manage to sustain below our daily technical support then expect nifty future to correct upto 8400 – 8355 .

Nifty trend conclusion : Nifty trend is clearly positive for now

More will update to our subscribers

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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