Yesterday we have given that it will not break the support level at 2750-2760.What we have wrote has happened.Just touched the low of 2767.As far as today is concerned on the day chart nifty is preparing for the breakout.Traveling in a triangle,breakout point will be around 300-400 points.We see a negative EMA crossover in the MACD on the day chart.so expect negative breakout.Yesterday we have given on the hourly chart that MACD has given positive crossover but hurdles at 2810-2815,sO We dont expect the crossover of 2810-2815 levels easily.
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