Yesterday Last one hour pull back placed Nifty in a positive zone, but with low volumes. Nifty has to pass a tough road ahead. For the time being we think the upward journey is limited up to 8250/8360 range. If it breaks this level it may go up to 8550 where Nifty may face tough resistance.
Whereas on the downside Nifty may come down up to 7600 if it breaches the level of 7900.
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