NiftyUpdates For 16jul09---InderBhatia

The Indian market opened on gap-upon positive global cues and close with hand some gains. For coming session if nifty cross 4259-4265 zones it can test 4300-4334 zone at the end of session nifty end near resistances zone .On hourly chart nifty is enter in overbought zone if nifty trade below 4200 levels it can test 4150 zones .