Nifty Future for July 4 - Santosh Gundecha

The Political drama continues. If it goes in favor of the ruling congress party, Nifty Future can go up and see targets of 3945-3980-4035-4080. However, if it turns unfavorable or if uncertainty prevails, then NF can test 3810 and then 3750. Tomorrow there will be a shock of inflation number too, which may already have been discounted. Let's hope that it does not give us a rude shock like it last week. Despite all the bad news, there is what looks like a silver lining on political front as of now. (Nobody can be sure of politicians and taken them for granted).