Nifty Update for September 4 - Inder Bhatia

The Indian market opened on a positive note and saw a smart rally across the board. Nifty saw a breakout from range and closed above 4500. We had given a weekly Hammer target of 4501. On the weekly basis, our target is done. For the coming session we could test 4560-4580 further, but on the lower side 4440-4365 would act as support zone.