Nifty Looking Weak On Charts: Sumeet Bagadia
Sumeet Bagadia, associate director at Choice Broking, says Nifty is looking weak on charts and if it breaks its support at 8,700 on closing basis then it can fall further. Any pull back in Nifty towards 8,720 should be used as a selling opportunity for target of 8,600-8,620 levels as the structure is looking weak, adds Mr Bagadia.
