Nifty: Support 2825/2800/2770/2730
Resistance 2880/2925/3009
View: Nifty on friday exactly cracked from given resistance of 2925 (high made 2929.85).
For today view almost remains the same. If 2800 is not breached than we may see a bounce upto max 2950-3009. Over all Nifty is bearish & in downtrend.
Brief Nifty View For Coming Days: Continuously sustaining below 2880, without any positive trigger will lead nifty towards 2660/2600. Below 2520, new / october lows are possible. (Above view is totally mine after studying Nifty trend on 14 year chart)
Today market may be volatile ahead of IIP nos.
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