Merry christmas to one and all.nifty fell straight to 2904.50 as mentioned on the blog(2906) in the last update on 24th.
for today nifty sustaining below 2935 would fall to 2867-2842.
Further, if sustains above 2935 today, we may see 2950-2986 for intraday where it will again face strong resistence.
for a positional view if nifty closes below 2842 in the days to come, then nifty becomes SELL on every rally with a tgt of atleast 2570 levels.
(60 min intraday chart attached, All Future Levels)
