8840 will be Key Hur­dle for Nifty

The Economic Times - - Companies: Pursuit Of Profit -

The mar­ket gained con­sid­er­ably post the Bud­get and will con­tinue to re­main in an up­trend in the com­ing days. Nifty moved into a new swing high of around 8757 lev­els on Thurs­day. If the hur­dle of 8840 is crossed, it could move be­tween the 8900 and 9100 range. Go­ing ahead, the Re­serve Bank of In­dia pol­icy meet and as­sem­bly elec­tions are the un­known fac­tors that could sway the mar­ket in either di­rec­tion.

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