The Nifty has lost quite a ground and with the key support of 7150 taken out the next support is at 6770. The Market is in for loss now although a bounce back due to short covering cannot be ruled out today with resistances at 7045 and 7135.
Traders may trade accordingly and investors may stay away today.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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