Nifty Update for October 16 - Inder Bhatia

The Indian market opened on a weaker note and closed in the deep red zone. The market opened lower on negative global cues. For the coming session 3269-3200 will act as a support zone. If we break 3190 we could make a new low. On the other side, 3430-3585 would act as a resistance zone. If Nifty trades above 3430, it could test 3496-3545 levels.