Nifty 02/09/2008 Data: O-4358.85 H- 4522.40 L-4343.10 C-4504.00 V-129292702
Key Resistance for Nifty cash
Resistance1: 4376 Resistance 2: 4409 Resistance 3: 4476
Key Support for Nifty cash
Support 1 4489 Support 2 4455 Support 3: 4389
These are positive signs and will need follow-up buying to sustain the upthrust. The Nifty range 4,420-4,295 specified for Tuesday was overcome on the upside as the Nifty closed above the resistance levels. The coming session is likely to Nifty witness a range of 4,395 on declines and 4,620 on advances.
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