NIFTY: Resistance 2954/2990/3005/3030/3059
Support 2899/2880/2856/2801/2745
View: Nifty bounced from lower levels after a big gap-down & closed almost flat.
Today watch out for 2990, above it if sustained we may extend upswing upto 3030.
On downside 2856 is good support, below it we may crash to 2801 >2745.
Start booking longs, we are discounting all bad news & moving up.
IFCI - posted at site that its good above 19.2... it crossed & gave mad swing towards 21.5.
Reliance has given big moves in recent sessions. Its now near resistance of 1375.
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