Nifty: Resistance 4552-4566/4580/4608/4644/4664/4720
Support 4470-4488/4444/4422/4380
Nifty gave a last hour breakout & closed at days high. Still Nifty closed below last hurdle zone of 4566, above which if sustained, Bulls can feel safer, else booking may again come in.
Intraday Nifty has support @ 4480, below it, we may see 4444/4422. Nifty if closes below 4422 , longs carrying is not advised & If Nifty closes above 4567, Carrying shorts will be harmful.
Expect flat/+ve opening.
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