Nifty: Resistance 4599/4608/4624/4646/4664
Support 4571/4555/4520/4488
Nifty witnessed selling from higher levels as expected, even after positive +ve IIP data. We are already writing cautious notes on market from past few days. 4571/4555 major support for the day. Risky takers may long near 4571 with 4555 as SL for a bounce to 4624-4646 zone.
Expect a flat/-ve opening with 4624-4646 as stiff resistance & 4555 as major support on downside.
Commodity Levels For 15/06/09: Click Here
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June 15, 2009
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