Nifty: Resistance 4090-4110/4140/4187/4222
Support 4040/4004-3990/3940/3900
Nifty closed in the red after a choppy session marked by a lot of short covering. All sectoral indices closed in the red. Nifty held 4040 level on closing basis, so a small bounce to 4140-4222 is not ruled out before fresh selling emerges.
Closing below 4040, may lead Nifty to 3950-3880-3660.
Refer to our 11th June Post :CLICK HERE Nifty was then trading at 4650 zone & see the Nifty now. I think Nifty just performed as scripted.
Commodity Levels For 09/07/09: Click Here
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