Nifty: Resistance 2945/2970/2999/3030
Support 2880/2856/2825/2785
View: Yesterday we witnessed a vloatile session. Our support zone of 2856-2880 worked very well & Nifty bounced from this area.
Today if 2856 breaks with volumes then we may test 2785.Yesterday we wrote at our site to book longs & short nifty 2950-2990 zone.....High made 2955 & cracked to 2863 intraday...... Hold it.
Traders are advised to hedge your longs with 2700 Pe @ 40-50. (Also looks good for trading purpose)
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