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With Christmas, the December F&O series will be on 24th Dec, 2014. NIFTY has seen strong recovery of nearly 350+ points from the recent low. That speaks for an awesome bounce. With expiry two days away, the market may feel some pressure around 8350-8400 spot levels.
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NIFTY continued to see recovery as buying flow was across the sectors. The strong resistance point of 8250 spot is broken with relative ease which shall help the market to see further upmove. Nifty Support remains at 8270 and 8190 spot levels while resistance is at 8400 spot. Technically, the upward journey continues…
With December series expiry near, the volatility can move up!!!
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