Nifty: Resistance 2961/2990
Support 2925/2901/2880/2850
Nifty whole day traded in a narrow range & gave both side swing movements. Dow Jones crashed 4.6%, closing at its lowest point since Nov 20. For today watchout for 2880 as strong support area on downside.
Expect a -ve opening with 30-40 & with 2880 to offer strong support.
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