Nifty Update for July 31 - Inder Bhatia

The Indian market opened gap-up on global cues and closed near day’s high. We had seen bounces from support level of 4164. I had mentioned that above 4300 Nifty would test 4500 in the coming days. The Nifty now faces resistances near 4380-4410 levels. On the lower side 4260-4186 would act as the support zone.

Weekly Hot Call: INFOSYSTCH now ready to fire.

RDX Call: RNRL heading for 115/121.