Nifty: Resistance 4550/4570/4590/4612
Support 4520/4491/4473/4440
Again a day of repetition of what we saw a day before. Nifty corrected from our resistance zone & again closed flat for 2nd consecutive day. We would like to advise that, modify & keep your Sl for shorts/hedge positions @ 4590 (Closing basis). Till we dont close above this, we stand in chances to see the booking in coming days. Below 4440>4410>4200>4040 are the levels to be watched on closing basis. So trade safe.
US Market closed in Red. Expect a flat/-ve opening inline with Asian Market.
June Nifty Performance Uploaded: Click Here
Commodity Levels For 04/06/09: Click Here
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