Nifty: Resistance 3033/3057/3088
Support 2992/2970/2929
Nifty yesterday maintained lower level of 2990 zone yesterday & showed good recovery. Though technically Nifty seems directionless & as election time is coming near, we may see alot of volatility in market with +ve bias.AND We have said earlier too that Nifty has seemed to form a base. Closing above 3150, as said before, may lead to further rally upto 3400 levels.
Nifty may open +ve with marginal gain of 10-20 Pts with 3057 as immediate resistance.
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