Nifty: Resistance 2990/3008/3030
Support 2929/2899/2880/2830
View: As we have been saying from past few days, Nifty is not going to sustain highs & will correct from top.
Now from past two days Nifty has started its down journey. As stated before 2929 (closing basis) may hold key to further move in Nifty.
Today as we are having December month settlement, we may have more of stock specific moves rather than technical moves.
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December 24, 2008
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