Firm trend may continue

The upturn in the market may continue on strong fund inflows in the last few sessions. However, mixed Asian indices in morning trades may put pressure on the domestic indices. Among the Asian indices, Nikkei has slipped around 0.55% while Kospi and Jakarta are trading with steady gains. Caution should be maintained on account of the prevalence of a intra-day volatility and global crude oil prices trading above $59 a barrel. The Nifty could test higher levels between 4185 and 4200 and may dip around 4150, while the Sensex has a likely support at 14300 and may face resistance at 14480.