Significant Levels
Sensex is giving clear sign of weakness. Reliance is also contributing largely towards the fall which is dragging down the Index. Nifty will trade in range of 2750-3000. Any breach of this levels can push up or drag the markets at extremes. There are 90% chances of Nifty falling from here as Reliance is testing important levels of 1250. If it closes below 1250 then markets are purely weak n Sensex will fall to 9510. So be cautious friends. Rate cut by RBI is still expected which can take back Nifty to 3000 levels. Investors remain out. Thank U.
