Nifty likely to correct towards 4350: Finquest

MUMBAI: Finquest Securities is of the opinion that Nifty is likely to correct to 4350 levels in today���s trade.

���Nifty moved up only to face strong selling pressure at 4440 levels. With this, Nifty has retraced back around 50% of the fall from its high of 4693. Further on intraday, Nifty is facing resistance from crucial 200 EMA at 4440. For the day, Nifty is likely to correct towards 4350 where it could find some temporary support before heading towards 4300 level,��� said Finquest Securities report.