Nifty's short term trend getting stretched, 2690 - 2790 a deciding range..

Nifty has faced consistent selling at 2770-2790 area in the past few days and now there is a small negative divergence in 5 minute chart..If 2690-2710 levels is not held & a close below 2720 will lead to a fall..

If it clears 2790, the next resistance will be around 2835-2860. A firm trading above 2860 is essential for any meaningful bull move(Bear rally!).