NIFTY resisted today at the low point made on 9 Jun (see points A and B). Later, on trying to break 4300 convincingly, it gave a smart fight and closed near to the resistance referred above. This might be that, if it tried to go above it once again, it will face resistance once more and will send wrong signals, Hence it looks to have stopped forcefully, If NIFTY has to rally once again, there must be a gap up opening, which "could be" from 4439 ( I know it is something more I am expecting). In case it opens from below 4439 and the AB line, then once again, the range bound movement will arise. Hence we can expect an opening ball sixer tomorrow.
