Market Out Look 2-04-2009

With strong positive global cues, in market there will be a gap opening of 50 points in nifty on the higher side.
The global market is upbeat on account of G 20 summit at London, Looks as if the confidence is returning back among the investors and any positive news in the economy or corporate earning front will only strengthen the rally further, If nifty crosses and hold above 3190 for the next two trading session then the next target for nifty will between 3450-3500 levels in the coming days.
Technically nifty to take support at 3010/2990/2960 and resistance at 3120/3140/3180 for the day.