Nifty: Resistance 4730-4745/4770-4788/4820
Support 4666/4640/4620/4580
Nifty spent maximum time in 20 Pt range of 4680-4700 with some last hour swings on both side giving hard time for traders. Traders should play with cautious @ 4788 zone which is 61% retracement . Nifty now has strong support @ 4730-4745 zone closing basis.
Expect a flat / +ve opening of 10-15 Pts on Nifty. We may again lack volumes in early hours of trade today, so we would advice to trade with strict SL on either side positions.
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