September 01, 2009

Intraday Nifty View For 01/09/09

Nifty: Resistance 4680/4707-4716/4747/4777
Support 4645/4618/4594/4573/4555

Nifty closed in negative zone after weak global cues. Nifty may show some corrective upmove, before another correction is witnessed. Nifty has immediate upside resistance @ 4716, above it we may expect 4747-4777 zone. On downside 4645 offers good intraday support, below it if sustained 4594 & 4555 can be seen in coming session.
Expect flat/+ve opening with 20-30 Pts in line with Asian Market.
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