Nifty: Resistance 4141/4163/4180/4208/4221/4244
Support 4110/4080/4045/4008
We witnessed correction of almost 3% intraday, which we have been writing of from past couple of days.Nifty closed/held almost at strong support area of 4110. So we may expect a corrective rally. We would advice cautious ahead of May expiry. We may see some good movements on either sides. Expect a gap up opening of 20-30 Pts following good Global cues.Resistance on upside @ 4180/4200 & Support exists @ 4110-4080.
Commodity Levels For 27/05/09: Click Here
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