Cnx Nifty (7823)

Yesterday we saw nifty showing taking some support above 7750 but did not show great move. Sign of weakness still persists

Intraday levels

Resistance 7848..7854 
If maintains above this we can see 7928 ++

Support below 7748 we can see  7698..7670....lower levels too

Positional view 

As mentioned earlier 
Strong support lies around 
7660..7625..7614 ...7550

If breaks 7540 we can see further lower levels 


Trend is down we can see 7400..7300..6800..6600
Sell on rise should be the strategy until nifty shows any sign of reversal and uptrend resuming 
Strong Resistance 7920..7940
8100..8240...8320..8440