Nifty: Resistance at 4825/4840/4900
Supports at 4737/4695/4667/4620
VIEW:Nifty has strong support at 4620, so if by chance we test this area one can buy it with strict sl 4580, for positional trading in it. Yesterday our market was saved from another Black Monday (whole Asian Market tumbled yesterday after US mkt collapse). Today Dow Jones closed almost flat & Asian mkt opened positive / flat so we may too expect a flat / positive opening too.
Buy:
ABAN looks good for positional trading; Buy Above 3310 SL 3275 Tgt 3350+
RPL Above 178 SL 176 Tgt 181-182.5+
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