Nifty to resist @ 4882

NF Daily Chart

Nifty had a superb rally yesterday. Above 4825 there were no boundaries for NS. But today also the upmove will continue till 4882. Profit has to be booked partially/full. Nifty may come down to 4825-4800 level again. BN and CNX-IT will show the day.

European factor is still visiting back, probable chance of NS to slide to 4588-4562 level on the downside and if Infosys result comes good with stronger USD guidance then NS may go to 5050 level in January.



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