(Nifty spot last close : 8078)
Above is Nifty Spot Six months intraday chart
Fibonacci retracements (76.4%) support at 7925 (Today’s low 7927.35)
Nifty spot once if breaks 7925 and close below the level
Next supports 7809 and 7715.
Nifty Spot facing Resistance 8140, 8185 and 8295
Higher level selling pressure will be expected…….. & Stay caution!!
Better to avoid fresh buy at current level & Suppose If close above 8295 can do fresh buy!!
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Updated : 07.41 PM / 24th June 2016
