Nifty Update for August 20 - Inder Bhatia

The Indian market opened on a weak note and traded in the negative till the noon session. It saw a smart recovery in the final trading hours but closed with marginal losses. Nifty bounced from the 38 percent retracement of rally, which started from 3790 to4611 . For the coming session, we could see more upside toward 4443-4463. On the other side 4317 would as a support zone.

HOT CALL: Buy HINDCONS above 101.90 TGT 106>111 STOPLOSS 99.