Nifty has close first time for 2 consecutive days [Interesting to watch out for divergence] above its 100 D(E)MA after 16th may 2008 and strong hurdle around 3480 as well as 3411 is 200 D(E)MA
On lower levels 3000 and 2840 will be crucial and trend decider support on weekly closing basis for further trend. And any day on intraday basis 2900 and 2807 are going to be strong support.
RSI seems on resistance zone. There are mixed indications on cards market may take a pause over here before it takes a new start as its nearing to over bought zone also. And some range bound trading is expected in broader range. Bears keep strict sl of 3165 for short positions.
Closes Above 3260 on weekly basis we can expect 3500 and 3600