NIFTY Levels:
Resistance: 2981 - 3005 - 3028 - 3042
Support: 2928 - 2905 - 2877 - 2853
Nifty today can open flat and trade in a strict range of 2905 at the lower and 3005 at the upper for the most of the day.
This is due the the negitive trading sentiments form the West.
The ASIAN Indices opened green this morning and gave off the gains due to the profit boooking.....
Inflation numbers, which were announced recorded lower than the last week @ 6.84% as compared to 8.00%, shall sense a bit of positive move for market ...!! We might see some spurt in banking stock......!!
We advice touse this spurt to exit from long positions.
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