1. Mr Vijay Bhambwani, technical analyst has suggested that one can go long in Nifty as it can target the levels of 3120 with top loss of 3040.
2. Mr Rajat Bose another technical analyst has projected Nifty levels of 3134-3160 with stop loss of 3036.
3. Mr E Mathew another technical analyst who was himself tarnished in a scam by selling those stocks which he advised to his clients to buy has suggested that Nifty can target the level of 3400 if Nifty sustains the level of 3070 and advises to hold Nifty with stop loss 2950.
F&O Cues: Nifty Supports and Resistances by Expert Analysts
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