Nifty: Resistance 3295/3333
Support 3231/3173/3131
On monday we saw a high volatile day with some big swings. Below 3231, we may expect 3173 & 3131. 3131 is a strong support to be looked. Technically we had non-stop rallies & we are overbought. So we should wait for market to settle at correct levels to enter. Many large-Caps Stocks are highly overbought.
With weak global cues, we may open 40-60 Pts down in Nifty ,with above rangeto be seen.
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Happy Trading.
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