Price once again resisted at 7580. Yesterday it was @ 7406 supported and today again resisted @ 7580. Price must break either side for confirmation and move. 7406, 7350 and 7250 act as a good support. Lets wait and see how weekly Closing.
My Nifty View : Nifty Strong Support @ 7424 and 7406 If hold than we can see 7580+ else fall to continue. Fed Policy meeting may also have larger impact on Index. Stay ALERT !!!
Trend line resistance and should be watched. 7260 and 7315 may act as a stiff resistance.
Watch carefully.....If we break 7315 then next target will be 7400-7500+
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