Nifty trading below 3063 will get very weak, and can fall up to 2980 levels.
Nifty fell from resistence yesterday, but recovered again showing how strong the up trend is.
i strongly feel that we will hit 3240 before any fall comes.
this is a strong uptrend, and rather thn selling at resistence, buying at support is the best strategy.
For intraday today, trading below 3111, i will short, where nifty may fall to 3065 levels.
sustaining above 3130, 3155-3182 will be the tgts.
3130 will be very imp for the day for any upmove.
(60 min intraday chart attached, All Future Levels)
