Nifty: Resistance 3060/3090/3110
Support 3030/3005/2990/2950
View: Nifty spurted in later hours on thursday and closed at highs.
Maximum Nifty may rally upto 3060-3110, where it faces stiff resistance. So buying puts will be a good idea at higher levels.
Above 3220 we may touch 3400 & below 2880 we may see 2770/2550 levels. So plan accordingly.
Reliance looks weak below 1221.
Buy Nifty 2800 Pe, (Either at CMP OR When Nifty trades high arnd 3060-3110 zone) Sl 3200 spot.
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