Nifty: Resistance 4545/4594/4606/4620
Support 4520/4484/4445/4420
Nifty saw extremely good recovery from lower support areas after opening weak with weak global cues.Now this week, being settlement of August series we may see some good movement given with +ve global cues. This week, if Nifty stays above 4500, we may expect 4620-4740 range on upside & 4370 being crucial area for breakdown. Keep 22nd Aug Nifty chart as referance for future movements.
Expect a +ve opening in line with +ve global cues.
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