Cnx Nifty (7948)

We can see a gap up opening today on note of sgx trading up 155 +Book some profits on opening .

If we see nifty showing a good move after opening and if the gap maintains till closing it will be a small good sign .

TREND IS STILL DOWN 
ANY CLOSE AND MAINTAIN ABV 8530 WILL ONLY REVERSE THE TREND

MULTIPLE RESISTANCE 8160...8450


Intraday trades can be good opportunities 

Intraday support 7920..7940 zone 

Resistance 8050..60 zone
8160
8220..30 zone