Nifty: Resistance 2725/2760/2770
Support 2680/2660/2620
Nifty after trading whole day in a narrow range, took support at lower levels & closed almost flat. Levels intact as yesterday, India's premiere company RIL results showed dip in net profit, it may play spoil sport in today's trade.
US market dipped 2%.
Asian market trading down 1%-2%.
Expect flat/negative opening with 10-25 pts on nifty. We may bounce from lows if 2660 level is hold.
Weak Link: Real Estate & Steel Sector.
Strong Link: PSU Banks.
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