Nifty Update for August 1 - Inder Bhatia

The Indian markets opened on a positive note but traded in a narrow zone between 4285 and 4342. The markets saw volatility throughout the day, however managed to close in the green. For the coming session if Nifty is able to cross 4361, we could see more upside toward 4410-4440 levels. Breaking below 4284 we could witness some selling pressure with support zone at 4240-4260 levels.