though there is huge intraday volatility, nifty is still bullish, and the next fall will come only after market sees close to 2838 levels.
my gut feel is ( 85% sure) that market wont cross 2838 on closing basis, however gut feel shud never be trusted, and we will trade with SL only .
i will definately take short position in the range of 2800-2840 levels, and hold with SL above 2840 on closing basis.
i am not saying that we will fall heavily from those levels, but it can surely give 150-200 points in positional trade.
today for intraday, supp is at 2688 and resistence around 2770-2786 levels.
(60 min intraday chart attached, All Future Levels)
