After breaking recent bottom 16203 Nifty Spot printed a new low at 16133 though closed at 16245

On the down side:- immediate support near around 15980 & if breaches decisively then correction may continue upto 15880 region.
15880-850 should hold & then chances of bouncing possible otherwise bear move tends towards 15777 mark.

On the upside :- After another lower opening or even gap down opening if Nifty takes some halt form any one important slab then chances of reversal possible but that may take initially resistance near 16100 & only above that 16280 to 16350. No bullish hope as long as sustains below 16400-450 mark  very strong pull back hurdle area.

Source : Eureka
For Opening DP & Trading account please contact 9831200699 / 8274909974
#sharemarket #financialmarket #opentrading #opendemataccount #opendemat #sharemarket #insurance #insurancebroker #insurancebroker #trading

Source : Eureka

Please register at https://kyc.eurekasecurities.net/home/index/729 for opening Trading and Demat Account.