As informed early by last week post that if market holds the 2634-2650 falling trendline then it will be positive for market in coming days.Exactly nifty bounces back from the support and now it is testing the 2860-2880 levels.Now as already informed that if nifty closees above 2860-2880 we will see the level of 2980-3020 in coming days.
As far as support is considered it remains at 2800-2820.A close below this level will take nifty to 2660-2680 levels.For past three weeks nifty is trading in a range,breakout of the range will bring 200-300 points either side.
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