As I was calling important supports yesterday, there was some semblence of a fight at each level.
But my hopes of an upside did not come to be.
Now there is the buzz that further correction is on still, and that NIFTY woluld take strong support at 2280.
For me, should there be further down side, 2310-2312 should give a fight, and below this 2304.
2270 would be the strong and possibly the final support for this 'healthy' correction.
On a positive note, the up side strength would come above 2335 today and then 2348. In the opening moves should the NIFTY get that far, a fall again is likely.
Only a cross above 2360 will resume the long term rally, but not likely in the next little while.
Interesting two sessions ahead.