Nifty: Resistance 4555/4580/4608/4620/4646
Support 4480-4490/4444/4422
100% exact movement was seen in Nifty as we wrote yesterday. We wrote that Nifty may open near support area of 4444-4420 & if held , we will see bounce back. Nifty opened @ 4440 & made a low of 4431 & we saw a bounce of 100 Pts from there.
Now today Important Nifty levels Are 4520-4555-4580 on upside, so be cautious if you are long, when Nifty is around these levels.
Expect flat/-ve opening after weak global cues, with 4480-4444 as immediate support on downside.
Commodity Levels For 17/06/09: Click Here
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