As expected market faced resistence @ 2820 region, but could not close above it due to profit booking.
We do not have any position in market now. Wait & Watch.
If 2752 is not broken on downside, we are expecting a good (explosive???) rally upto our first target of 2897. If 2752 is broken wait for amarket to close above 2820 for long postion or close below 2677 for short position. JAI HOO...........
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