Nifty This Week

For the week, we shall watch out for support at 2825. Resistance is at 2938-3018.If the Nifty closes below 2825 it will signal the resumption of the structural downtrend. Though immediate support is at 2790-2749 the maximum support is at 2631 below which Nifty is likely to breach the previous low of 2502 and fall to 2410