Nifty Update for June 4 - Inder Bhatia

The Indian market opened on gap-down on weak global cues but saw recovery in second half session and closed in the positive zone. For the coming session 4615 is the level to watch, which would act as a resistance zone. If Nifty trades above 4590 it could test 5620-4640. On the lower side 4450 level will act as a support zone .On hourly chart RSI is showing negative divergences.