Nifty: Resistance 3580/3615/3636/3666
Support 3550/3535/3515/3480/3440
Nifty continued its fall for second day. As we have been saying that keep booking longs & below 3618, we stand in fair chance to test 3520. Closing below 3515, it would be advised to stay sidelined. This week we could see alot of range bound movements with Global Market & upcoming results.
Nifty Trend: Below 3515, Nifty could try to test support of 3440 zone. Above 3565 , we may see 3596 zone, where we may see fresh selling, if we sustain this levels too, then 3615/3636 can be seen.
Expect a flat opening , inline with Asian Market.
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