Nifty: Resistance: 2754/2770/2830/2880
Support 2730/2699/2660
View:As predicted yesterday Nifty traded its maximum time in 2660/2710 zone with alot of volatility & ended up almost flat.
Today Nifty may open gap up near 2800 zone after rally in US & European market. Nifty will face minor resistance @ 2830 & major resistance @ 2880. Crossover & sustaining will take to 2990/3050 in coming days.
Stock Watch:
Unitech Sl 28.5 Abv 29.5 Tgt 33-35
RCOM Buy 204-206 Sl 200 tgt 211-218+
DOW +5%
All major european indices closed +10%
On 21st we posted our view that nifty might touch 2880/3050,despite of global weakness, we are very near that now.
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