below 7790 spot, next target would be 7771, 7755 and 7700
Banking/Housing and other interest rate sensitive stocks would be interesting to watch…
RBI governor said in its last statement that he will looking on FED decision, an will take action as required…
Markets are expecting a rate cut from RBI… from last 2 months
8050 didnt sustain on the Friday’s upmove…
and close for 18th Sep was even below 7990… due to last hours huge selling…
Expect 7820-7850 levels in next 2-3 days…
below 7800 we will more selling… and fresh shorts are expected to come below 7660 levels…
i will be watching out for these levels on closing basis… It will be a bumpy ride to this thursday F&O expiry
Make trend your friend… its totally traders market for the short term…
Hooo- woop- woop… tgt achieved in one day only… 7775 low in futures…
Below 7780- next tgt 7730 and 7690
Yesterday it was a crazy sell of in Indian mkts in last two hours… :o
One sided movement in Nifty in the last two sessions…
8000 to 7775… then 7720 to 7870… and today 7845 to ???
Nifty will move up if it stays above 7880-90 marks for targets of 8030, 8090
Hey Ali,
This is good that you started this thread dedicated to NIFTY on this forum, which made me inclined towards it.
Since few months, I have also started following the Indian markets. And with the calmness coming in the markets Nifty is able to revive its place and has breached its 8100 level yesterday.
Today it made its close above 8150, now for yesterday the investors will look forward for 8200 level which is acting as the major resistance since last 6 weeks.
Thanks 
Will forward for your updates.
Hi Megha,
Thanks I been away from markets for few days. will update my view soon, Cheers
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