Nifty View for 6th October 2009

Nifty spot  support  4987 / 4970 / 4952
Resistance 5026 / 5044 / 5062 .
Trend - Open on bullish note will consolidation later.
More bullishness once crosses 5062 -65
and trades for few minutes.

If Nifty could sustain above 4960 ,
then next sector to watch for would be
Capital goods and Engineering.
Stocks like Bhel - L&T - Crompton etc should do better