NIFTY: Supports 4595/4580/4565/4465/4425-4420
Resistance 4655/4710-4735/4790
View: Nifty Fut yesterday tested low of 4555. Today we may see a relief rally of 100-200 points on sensex in early trade. Yesterday we said that 4620 is good support and Nifty just managed to close above that after having a fall.Still Nifty looking week in charts.Closing & Sustaning above 4700 may give some hope. And on the downside 4420 is the last hope.Dont carry any overnight trades, try to book all your trades on daily basis.
Markets today may wait for the inflation data and then take step towards the
later part of the day whether to move in up or down direction.
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