Nifty Update for March 23 - Inder Bhatia

The Indian market opened bang above 2830 levels which is our breakout level and closed with huge gains. For the coming session we are heading near 2967-2977 which is a strong resistance level. Nifty is trading in the overbought zone on the hourly chart. On the lower side 2911-2872 will act as the support zone.