Nifty: Resistance 2929/2956/2990-3005
Support 2899/2882/2850/2828
View: Nifty bounced from lower support zone & closed with good gains.
Again look out for 2990/3005 for upside resistance. Positional shorters may consider it as Sl for there short positions.
Dow closed marginally red.Asian market trading up with 0.50%-1% gain.
We may open flat/positive & will face resistance at 2956-2990 zone on upside & 2882 will offer good support on downside.
Ranbaxy already reccomended on 19th Dec as short term delivery pick, yesterday was 6% up from our levels.
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