Nifty: Resistance 4612/4646/4694/4723/4747
Supports 4510/4490/4464/4444/4370
View: Nifty on upside may test 4747 & below 4370 may see selloff of considerable 300-400 points. Stock specific movement may be seen.
So on upside near 4700 levels one may try to exit in long positions & try to re-enter in 4200 range.
Crude has fallen considerably & so are Gold & Silver. Upcoming IIP Data & SEBI meet is important event to be watched.
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