Nifty: Resistance 3399/3408/3435/3471
Support 3355/3333/3280
Nifty saw a big fall after swine flu fear spreading & also on upcoming US Banks stress test results. Now Nifty has key support @ 3333/3260. Breaking of which will lead to more pain in coming days. With today being important day of Expiry for April month, we may see alot of stock specific movements.
With a long weekend for trading market, starting tommorow, we may not see much of buying interest, so better be sideline today & avoid leverage trading.Booking from higher levels cant be ruled out today.
US mkt has been in a narrow range for past 3-4 trading days, so either side break will decide the further movement.
FIIs were net seller of Rs 598 crore in F&O
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