Nifty: Resistance 3223/3254/3299/3330
Support 3173/3131
Nifty making all Bears cry with its continuous upward journey.Nifty has breached its critical resistance of 3150 & close above it for 2 sessions, it stand in chances of touching 34XX zone. We have earlier too warned that above 2850 we had chances of touching 3150....which we did. But profit booking may not be ignored in this continuous up-journey.3173 stands as good support, below which we may see 3131 level.
Nifty may open gap-up with 25-40 Pts gain in line with its Peer Asian Markets.
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