Nifty ranged between 3250-3650: Deven Choksey
April 17th, 2009
Deven Choksey, KR Choksey Securities: The correction was expected as the market was in over bought zone. Global cues have turned favourable and the downside looks limited. I see the Nifty ranged between 3250-3650 levels in the near-term.
TS Harihar, ICICI Securities: The Nifty is likely to face resistance at 3500 and support is seen at 3200. The unwinding of long and speculative positions that began yesterday may continue today.