Nifty: Resistance 2799/2820/2856
Support 2770/2725/2701
Nifty gave a last hour movement after staying in a narrow range whole day. Whole February we had a narrow trading range in Nifty except on few special days.
In March we expect some good swings.Today we may open flat with 10-15 Pts on either side. Today we start F&O series of March '09 where almost all counters have new lot size so we can expect some low participation in stock F&O from this series. And being weekend, we may again see some low participation & also some booking may come in.
Eyes on 2770 > 2820 to decide further movement.
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