HDFC Securities highlights that 14862 level has provided support on Nifty, a breach of this level could take the Nifty to 14637-14725 band
HDFC Securities says that Indian benchmark equity indices ended little changed on Mar 08, reacting from higher levels seen earlier in the day. The Nifty opened with a small upgap , rose in the early part of the day to make an intra day high at 1005 Hrs. It later fell making lower tops, lower bottoms through the day. At close the NSE Nifty 50 index ended with gains of 18 points at 14956.
Nifty has started the week on a weak note giving up the early gain mainly due to weak Asian cues later in the day. Nifty is repeatedly facing selling pressure from 15100-15200 band: Reuters