Nifty: Resistance 2928/2961/3003
Support 2880/2850/2825
Nifty gave a breakout from lower levels & closed at resistance zone of 2928 area. Above 2928 (with volumes) , we may see a spurt upto 2961/3003 zone. On lower side 2880 is good support now to be seen for further breakdown.
Yesterday, posted that above 650, LT looks good & will face resistance @ 683. Above 650, it spurted & made a high 678. It may still give another round of breakout above 683.
February 10, 2009
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