Nifty has resistance at 4580: Karvy

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According to Karvy Stock Broking Technical Analysis report, for Nifty resistances is placed at the 4580.

Karvy Stock Broking Technical Analysis report:

World markets have ended on a positive note while a further slide in Crude Oil prices will act as positive trigger. After over a 15% rise in five straight sessions, and the cautiousness ahead owing to inflation numbers this evening, we might see some profit taking. Resistances are placed at the 15300/4580 levels. Supports are placed at the 14700/4400 levels.

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