MTECHTIPS:-Nifty 8672 a nearest & 8694 & 8725 resistances up to profit booking

MTECHTIPS:- Nifty April Future: (8639) Consider for this week…8672 a nearest & 8694 & 8725 crucial resistances up to which profit booking will be seen, keep stop loss of 8741 to your shorts. Downward side it’ll fall down to 8599 initially. A close below 8599 heavy fresh selling will drag it down to 8546 & 8483-8446 where buying support not ruled out. In worst scenario a close below 8446 it’ll crash down to 8380 & 8344. Upward side crossover above 8741 it’ll surge up to 8796 & 8832 in a disguised manner; sell keeping stop loss of 8874 on overall basis.
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