Nifty: Resistance 4264/4272/4300/4334/4367/4400
Supports 4232/4182/4150/4114/4078
View: Nifty made strong recovery on back of strong Global Cues. Nifty faces strong resistance at 4400... above it, it may test 4444-4512 levels.
RIL may lead today after its announcements of OIL exploration in KG Basin.
SBIN,UNITECH,IDFC,NTPC... alll looking good candidates for 8-15% upside.
Good volume of Put-Writing seen in 4200 & buying in 4500 Call.... implying a range-bound movement in 4200-4500 zone.
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