SMART RALLY BY BULLS

Gap Up opening today will invite profit booking today or maximum by tomorrow as we will reaching overbought levels in hourly charts. Today's pivot is NF 2696 for targets 2736-2756 where shorts can be build up as it goes up with S.L. of NS 2809. However, this could be simple profit booking and no major selloff as of now. Support for this wave is NF 2670-2636 and final support at NS 2600.