Nifty Update for March 9 - Inder Bhatia

The Indian market sharp bounced from lower levels after a weak opening and closed in the green zone. On the hourly chart Nifty had broken a lower channel; it could test 2654-2673. On the lower side 2558 zone would act a support zone. Cracking below 2540 Nifty can test 2410-2321.