Tuesday, March 22, 2016

Stock Market Today by Shailesh Saraf - As expected Nifty closed above 7600 and still remains a Buy with a target of 7950

As Nifty showed strong buying yesterday all sectors traded in a positive zone. Bank Nifty Futures made a high of 15965, a gain of 296 points. Nifty has broken the gap level of 7606 and the next target is 7950. If Nifty does not close below the gap level of 7600 the target of 7950 remains intact. This being a truncated trading week on account of holidays, market volatility and participation is likely to remain subdued.



Submitted March 22, 2016 at 12:59AM by ShaileshSaraf http://ift.tt/22toQuI

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