Resistance 2880/2925/2990/3009
Support 2850/2830/2770
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On 7th January, We witnessed the biggest corporate fraud of Indian History.
This resulted in a massive fall in Indian market & hence our warning for a sharp fall of 300-500 in Nifty.
For today the level to watch out for 2830 on downside as strong support (closing basis), if held then we can see some bounce.
If the 2990 on nifty is held on upside relief rally may extend to 3100-3150 max.
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