Nifty: Resistance 3675/3720/3750/3770
Support 3646/3637/3610/3591
Nifty had a massive rally post strong global cues. Today too expect a gap up with 10-20 Pts in Nifty with +ve global cues. Nifty is currently trading overbought region, so below 3646, if sustained can see some sell off. And also not to forget upcoming Election results on 16th May, which will be highly impacting market movement in coming days post its announcements. Overall, we still maintain our mild-bullish view, with Ifs & Buts.
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