Nifty looks great for an upmove only till 3250 is held, it can hit 3445-3490 levels for the day.
breaking 3250, weakness will set in, tgts are 3225-3195
now in the chart, if u see, we may go close to the upper trendline, and hit around 3457 levels before we continue with the downward jouney again.
till we breakout of the upper trendline, we may fall hard anytime, play smart.
REMEMBER THIS - TO GIVE ANY HOPES TO THE BULLS, WE HAVE TO CROSS YESTRDAY'S HIGH, otherwise yesterday's high becomes SL for further shorts
(60 mins intraday chart attached,all fut levels)
