Market View: 25-29 Aug 2014

Filed in Market Update by on August 25, 2014 0 Comments
Week Market View: 25-29 Aug 2014
Market This Week The Nifty had a pretty decent run last week where it broke the level of 7840 and came out of consolidation. It was a week where the banking sector out performed and played a key role is setting new highs for the NIFTY. The NIFTY is likely to move on from here now. However for this week, it seems that it would take a breather at around 8000 levels. The immediate support for NIFTY will be around 7833 levels. On the higher side the NIFTY could touch 8100. We would see stock specific movement for this week. So we must all be stock specific and participate in the rally. 7450 would be a very strong support for the NIFTY. All the best!

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