Nifty Update for March 19 - Inder Bhatia

The Indian market opened on a gap-up note and closed in the green zone, but saw profit booking at higher levels. For the coming session, trading below 2750 the Nifty could test 2710. On the other side, 2830 would act as a strong resistance zone. On the hourly chart the RSI has made a small divergence indicating a down side. Breaking below the upward channel would give a confirmation.