Nifty: Resistance 4481/4499/4520/4546
Support 4440/4420/4408/4381
Nifty kept its gaining streak & kept gaining momentum whole trading day, before witnessing booking before closing. Nifty has stiff Intraday resistance @ 4520/4550, above it we may see some fresh rally. So risky positional traders may take shorts at high with 4550 as SL (Closing Basis) & hedge with some calls (preferably 4700/4800).
Expect gap-up opening with 25-30 Pts on Nifty.
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