According to Sudarshan Sukhani, while 7850 is the support level for the Nifty, 7950 is the resistance.
Equity benchmarks on Monday recouped losses in the last couple of hours of trade with the Nifty hitting 7900 level intraday supported by technology, metals and banking and financial stocks.
Ahead of the opening on Tuesday, Sudarshan Sukhani, says the market has been currently trading in a narrow range. While 7850 is the support level, from where the market bounces, 7950 is the resistance, he says.
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Mkt currently trading in narrow range of 7850-7950: Sukhani
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