Nifty spot closed above resistance of 2940 and now becomes the support. Intraday support for nifty will be around 2955-2960. Expect nifty to have a strong opening tommorrow, as mentioned earlier the next targets for nifty will be 3040 and 3075. Closing above 3075-3080 will take us to 3150 a double top until now. Lets hope we are not playing truant this time around.
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The data does not constitute an offer to buy or sell any securities mentioned herein. While utmost care has been taken in preparing the above. We claim no responsibilty for its acuuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk.