Support 2950/2929/2899/2880
View: Yesterday Nifty bounced exactly from supports & closed in gains. (Yesterday support suggested was 2899 & Nifty made low of 2899.75 & bounced 70+ pts) .
Nifty immediate resistance zone is now @ 2990-3030. Till we close above 2880, Longs are safe. Still dont carry naked shorts/longs, be hedged, to minimise chances of loss.
Our short-term call Ranbaxy has started to flare..... yesterday did 240+ (Recc @ 210-222)
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