Market Wrap for 4th August, 2016

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In market wrap we see for the last two trading sessions Nifty 50 has been moving inside a band of 100 points. It’s immediate resistance is around 8625 and support is around 8500. It has formed a hammer like pattern on the daily chart.

Watch the video to get an overview of the impact of GST

https://www.youtube.com/watch?v=oSs-23n_I8o&list=PL7MtveKejYAhMn9Acv8tzPV62aau0RU77&index=19

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