Nifty Can Go Down To 8,400: Imtiyaz Qureshi

Nifty has important support at 8,550 which was last month's bottom, says Imtiyaz Qureshi of Investeria Financial Services. If Nifty falls below 8,550, there can be continuation of downside wherein Nifty can go down to 8,400 levels, adds Mr Qureshi.