Nifty futures again today morning opened with a gap up of 60 points @ 4445. It moved sides way the whole day touching briefly 4500, but face heavy selling at higher levels. The selling forced the nifty to make new intraday low of 4440 and closed lackluster @ 4449.
Our view on nifty is same as yesterday because no important levels are broken in todays market.It spend the whole day between the range of 4350 - 4525.As mentioned earlier , nifty has to break out on either side to give a 200 - 300 points movement.
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