Nifty: Resistance 4434/4444/4498/4540/4620
Supports at 4377/4360/4311/4280
View: Nifty facing stiff resistance at 4450 zone. Sustaining above this level we may get fresh breakout. So one may either short at this level with 4450 as Sl or may initiate fresh buying once sustains this level.
We are in very much comfort zone till we are above 4000 level. So one may utilise dips to buy & sell at high.
BHEL, RELINFRA, RPL looking good for short term.
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