hai amitt29, unless we get a kick start buying , the levels are dangerously close to 2500 in Nifty in another 10 trading sessions. so we have to take care.
Levels to watch is 2966 - 2972 at closing. If we go below this then there are chances of touching 2860 on way down.We should close above 3019 to have any meaning full rally , that will touch 3118 on way up.
NSE should take care of wild adjustment in close as the last trade price and close price creates technical chart to show downtrend in opening next day. this compunds the weakness and causes further fall.
bye
ravi