Good Morning:...
Nifty:
Resistance 2725/2760/2799
Support 2690/2660/2620
Nifty crashed in last hour after trading maximum time in narrow range yesterday. Nifty should hold 2690 to stay in a range bound momentum. Today's nifty might see a gap up opening of 25 points, then again followed by volatile session as day progresses. The important level (Nifty spot) would be 2690/2660 on downside & 2760 on upside.
US Market closed in deep green. Asian Market trading mixed. As we have been sayingg from few days, Real Estate sector looks weak & its been cracking daily. Still Avoid.