Angel Broking: Nifty key level is 3193

Angel Broking in its market outlook says that the trend deciding level for the day is 3193/10952.

If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally upto 3234/11091 levels where profit booking may be seen.

If Nifty manages to trade above 3234/11091 expect a further rally upto 3277/11166.

However, if Nifty trades below 3193/10952 for the first half-an-hour of trade then a fall upto 3170-3155/10875-10736 can be expected.