Yesterday Nifty broke the resistance of 8385 and tested our - TopicsExpress

Yesterday Nifty broke the resistance of 8385 and tested our immediate term target of 8399. It breached 8400 mark in intraday trade but could not sustain on higher levels. We feel the undertone is still bullish thus we maintain bullish view, with our short term target remains 8624 and any correction would be a good buying opportunity. On the downside, level of 8290 will play as an immediate term support. However the short term support remains at 7900. manasjaiswal

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