Nifty: Resistance 4480/4520/4555/4601/4620
Support 4444/4420/4387/4333
Nifty continued its down journey for 2nd consecutive day lead by RIL after High Court gave decision in favour of RNRL. Now Nifty nears important support area of 4444-4420. After weak global cues, we may open gap down near support area of 4444-4420 , expect a bounce back , if held.
Global cues are extremely weak & a gap down of 30-50 Pts is expected in Nifty in line with Asian Market.
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