BULLISH PATTERN

Nifty has made a bullish pattern with target of NS 3110 as long as we hold above NS 2960. However, break of NS 2900 will nullify this pattern. We are very close to resistance of NS 3045 which is also 50 EMA with support at 2920 (20 EMA). For 31st Dec (wednesday), nifty future bullish over 2957 with target of 3017-3047 and support at 2927.