Nifty Update for December 2 - Inder Bhatia

The Indian market opened on a positive note and traded higher for the first session. As the day progressed the rally fizzled out and the market closed near the day's lows and in the red zone. For the coming session 2630 is a strong support. Breaking below 2630 could see the Nifty test 2580-2540 zone. On the upper side 2833 will act as a strong resistance zone.