Nifty: Resistance 2954/2992/3005
Support 2901/2880/2850
Nifty rallied on back of U.S. Treasury’s Bank Plan which lead to short covering with just 2 days before march months expiry. Technically as we posted on 16th that above 2850, we may touch 3000 odd levels. All technical indicators in overbought zone so cautious is adviced. Nifty open gap-up with 20-30 pts.
Yesterday view on RPL intact with support now @ 84.3.
RELINFRA rallied from 478 to 530+ levels in 2-3 sessions.
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March 24, 2009
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