Nifty closed near the higest point of the week, and with US markets doing good, will open gap up today.
It will face strong resistence around 2860- 2872 levels, and above it can tgt 2905 levels.
on the downside break of 2816 will make nifty weak, and may fall to 2802-2785.
Remember, 2785 is a very imp weekly level, and no holding shorts till we close above this level.
(60min Intraday chart attached, All Future Levels)
