Yesterday Nifty broke out the falling wedge pattern projecting the target of 3055 levels in coming days.Today nifty faces hurdles in 2810-2820 area above that next hurdles is been placed at 2850-2860 levels.Now for support if nifty trades above 2720-2730 (breakout point) levels without breaking,the uptrend is still in intact.Minor support if found at 2765-2750 levels.
One can go long in nifty maintaining the breakout point (2720-2730) as stoploss.
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