Nifty: Resistance 4707/4718/4734/4747
Support 4660/4646/4610/4594/4580/4555
Nifty after having a gap-up opening, remained maximum time in a 30-35 Pt range of 4665-4695. Today being expiry day, we may see some stock specific movements. Nifty below 4646, if sustained, we can see fall up to 4610/4594. 4580 will offer immediate support there for bounce. So if Nifty goes in that range, one may long with 4580 Sl. On upside 4707-4717 immediate resistance, above it 4734/4747 possible.
Expect gap-down opening of 15-25 pts in line with Asian Mkt.
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