Nifty: Supports 3178/3099/3080/3050/3000
Resistance 3272/3323/3344/3424/3470
View: Nifty gave a good bounce in past 2 days. Nifty seems forming a base in current zone & for this it needs to stop falling. The only worry is Dow Jones; it needs to support our market sentiments.
Dow Jones closed -2.5% & Asian markets trading with almost same fall. We may expect a flat/gap-down opening. Nifty is buy in dips till 3080 is not breached else we may go towards a new low. On upside 3550 will offer stiff resistance where we may see fresh selling pressure.
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