Nifty Update for July 24 - Inder Bhatia

The Indian market closed in the green zone. The markets saw a huge gap-up opening as UPA government survived the vote of confidence in Parliament. For the coming session we can some more upside towards 4500-4567. On the hourly chart, we can see strong resistance at 4550 levels, so profit-booking cannot be ruled out at higher levels. On the lower side, 4240 will act strong support zone.