Nifty has closed just above the trendline, but if we have a gap dwn open, it will be broken. and nifty should tgt atleast 4473-4453.
A closing below 4520 would mean tht nifty will fall to the 2nd trend line so a tgt of 4312.
also ril & sbi is weak for the day, so that will definately put some pressure on nifty.
