Nifty may open around 3640 levels for intraday , resistence being at 3641 levels, above this level, nxt targets are 3667-3712 where one should be very cautious about longs.
3750 is a level which may not cross in short term and positional traders may look to short at those levels.
Just a word of caution for those over bullish traders, today is just the 2nd day that we will be trading after making a yearly low, and this is just a technical bounce. so dont forget to book profits as and when you get them.
