Nifty: Support 2807/2770/2756/2725
Resistance 2850/2880/2928
Nifty witnessed a down side on last day of settlement of January. Nifty faced resistance yesterday at our given area of 2880 (high made 2873).
Today watchout for 2770 on downside as strong support. Break below this level, with volumes, may drift Nifty towards 2750/2725 zone.
Dow Jones Closed -2.7% , Nasdaq - 3.24%
Asian Mkt trading -1%/-2%.
Expect a gap down with -30/-40 pts on Nifty.
Yesterday Free blog call on RCOM did well.
Sell BHEL Blw 1350 Sl 1363 Tgt 1335/1320
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