Nifty: Resistance 2807/2825/2851/2891
Support 2770/2725/2701
Nifty traded in a wide range of 2770-2830. Our view says, Nifty is preparing for some big movement of 250-400 pts soon.
Nifty need to sustain 2825 (Closing basis) for further rally.Yesterday RELINFRA did well inline to our expectations...
F&O: FII's Net-Buyer Rs 380 Cr.
Expect a flat/+ve opening in Nifty of 5-15 pts, after a +ve US Mkt closing. Important Supp @ 2770 & Resis @ 2825, break & sustaining of this range will decide further movement.
Dont be on Bull/Bear Side, Be On Right Side.
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