Nifty is at very interesting point . On Friday it closed at 2874 Just short of 2880 which is a strong resistance point. Today Nifty may open negatively taking the line of general feelings at world markets. Nifty has to cross 2880 and go above 2900 to 3000 region.Every rise in 2900 to 3000 level is potential resistance point.Viewers are advised to trade with proper stop loss/hedging.Resistances are 2880,2937,2945,2960,2980.
supports are 2820,2800,2774,2720,2660.
Be watchful market may go down drastically.
Marthandan.
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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