If Nifty trades below the 4620 mark on good volumes and for longer time in the coming sessions, then the immediate support is at 4577. If the 4577 mark is breached, then fresh supply may emerge leading to deeper losses with Nifty touching 4447 levels and then 4295. However if it trades above the 4660 mark for longer duration, short covering may lead it up to 4725 mark.Traders with medium term horizon are advised to do staggered buying in key index stocks at deep negotiations. Please do not rush to buy at available rates.
No comments:
Post a Comment