Nifty: Resistance 2666/2699/2735/2770
Support 2622/2580/2550/2500
View: As expected , Nifty took support near 2550 area & bounced back & closed our resistance of 2660.
Today after positive global cues, we may open gap up will first face resistance at 2699 area.
Possibility 1:
Nifty able to sustain above 2770, we may see rally extending up to 2830-2880, then again a profit booking may come in upto 2550-2600.
Possibility 2:
Nifty also crosses & sustains 2880 , then we may see rally further up to 3030-3110.
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