Nifty: Resistance 4690/4707-4718/4734/4747
Support 4646/4625/4577/4555
Nifty opened gap down after weak global cues & showed smart recovery in later hours from lower support area. Option data suggests Nifty to hold above 4600 till expiry. Nifty has immediate resistance @ 4690, above it 4707-4718 is possible. On downside, immediate support @ 4646 & below it @ 4577.
Expect flat/+ve opening in line with Asian market.
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