The global markets are trading with negative bias, most of them are in red.
Nifty is trading at its support. A small bounce from this level is well deserved. Resistance is at 8090.
However if Nifty breaks low of 7940, i would move out of longs, if any.
Next support remains at 7937.
I would bet on BAJAJAUTO, DISHTV, UPL on long side.
NMDC, RECL can move further down.
Visit: www.bonvista.in
Nifty is trading at its support. A small bounce from this level is well deserved. Resistance is at 8090.
However if Nifty breaks low of 7940, i would move out of longs, if any.
Next support remains at 7937.
I would bet on BAJAJAUTO, DISHTV, UPL on long side.
NMDC, RECL can move further down.
Visit: www.bonvista.in
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