Yesterday Nifty crossed the resistance trend line and closed above the 4500 mark. Nifty will face resistance at 4540 level. The close above the same will take the nifty to 4625 level. Sensex closed above at 14961. Sensex close above 15130 will take it to the level of 15345. Few Days i have mentioned that the Nifty will bounce back from 4000 levels, from there onwards there has been no stopage. I have also mentioned that, it is the right time for the investment and the traders should look out for trading in Banking and Real Estate sector. Crude price is at $118 per barrel.
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