KPL's blog on Indian stock markets, science, technology and more
May 12, 2015
Market outlook
- markets unable to cross 8350-8400 spot
- big reversal bar
- inference is of a market rangebound between 8000 and 8350
- option writing points to resistance at 8500
- close above 8400 will be bullish
- break of 8000 will lead to more downsides
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