Nifty is going to open gap down on account of Bihar election.
Last week both pressure dates worked very well. 7th was a pressure date which was given on 30th October. 7th being a non trading day its effect will be seen on 9th Nov. We may see a panic environment tomorrow. A close below 7715 may drag Nifty towards 7475.
Major resistance levels are 8110, 8165, 8220, 8330-65
Major support levels are 7801, 7715, 7665, 7539.
Last week both pressure dates worked very well. 7th was a pressure date which was given on 30th October. 7th being a non trading day its effect will be seen on 9th Nov. We may see a panic environment tomorrow. A close below 7715 may drag Nifty towards 7475.
Major resistance levels are 8110, 8165, 8220, 8330-65
Major support levels are 7801, 7715, 7665, 7539.
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