Nifty: Resistance 4747/4770/4820
Support 4716/4680/4664/4606
Nifty traded with -ve bias for the first half of the session on friday & spurted to close above 4700.
For today immediate resistance @ 4747-4820. Nifty may face some good supply at this zone. So avoid buying at this zone.On downside 4664 acts as crucial support, below it if closed, with good volumes, then we may expect 4555 in coming days.
Expect -ve opening with 25-35 pts in line with Asian Mkt.
(China Mkt showing selling pattern)
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