Nifty: Resistance 4380/4422/4444/4466/4498/4520
Support 4340/4307/4280/4244/4222
Nifty saw the biggest sell off on recent times. Nifty closed at crucial support zone of 4340-4380. Hence we may expect a small bounce from this zone before fresh selling emerge. We have cautioned last week to remain in cash for coming days & I hope you all benefited with our view & are save from losing in this fall. Over all view is bearish.
Expect a flat opening with 4340 as important support & a bounce expected from here.....
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