Nifty: Resistance 4615/4632/4652-66/4700
Supports 4540/4525/4505/4490-80/4465/4444
Again a day of alot of volatility. We saw both side movements on Nifty & finally closing in -ve zone.Nifty again saw selling at higher zone near resistance as expected. Today watchout for 4525, below this if sustained, we may see sell off, with minor supp @ 4505 zone.
Closing below 4500, will be a -ve sign in short term for lower levels. Expect flat/-ve opening & important support pegged @ 4525.
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