Nifty has retraced to 2850 which was broken earlier and came down . 2850 has turned a resistance now.Unless Nifty moves above this point and move up further we will see down side again.
Above 2850 nifty may surpass 2900 and reach 3000 levels and above and face resistance at 3140.
Resistances are 2850,2868,2890,2913,2930,2950.
Supports are 2830,2813,2800,2760,2720,2702.
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.
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