Nifty Update for December 3 - Inder Bhatia

The Indian market opened gap-down on weak global cues. After opening the market moved in a narrow range till the afternoon session. However there was recovery in the later half session but the market closed in the red zone. Nifty had broken the support 2630 intraday but managed to closed above 2630. For the coming session trading below 2570 it can test 2500 and on other side 2740-2780 will act as a resistance zone. Market will react on global cues.