10-12-2008 Views

Hi, Nifty went up to 2861 and closed at 2786.N1fty has to move above2790 as the first huddle and then 2800 . Unless Nifty sustains above 2860 Nifty cannot see higher level. However nifty will face stiff Resistance at 2928 which is 34ema. Nifty will get support at 2715 below which support at 2600,2570,2530,2500 cannot be ruled out.Below 2500 Nifty may go down to 2250 and below. Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.