Market Outlook 04.01.12
It was a big rally in our market, the strong cues from Asia & as well as global markets added to the cheer. Metal and banks provided the support for this strong rally. Sensex was at 15950 (+421) and Nifty was at 4765 (+128).US Market closed Positive yesterday and also all most all European Markets. Most of the Asian Markets today opened positive.
Nifty watch for 04.01.12
Nifty may open flat this morning and may go up to 4795
Above 4795 Nifty may try to hit 4835/4860 today
Where as on down side Nifty may go up to 4720/4685 and 4660
