Nifty: Resistance 4884/4916/4949/4965
Support 4848/4816/4777/4755
Nifty had a violent expiry session to January series. Nifty if closes below 4820, may see another round of selling for another 150-250 Pts. Above 4884, some recovery is expected, as sell off was steep & very fast.Nifty overall in oversold zone, low level bounce can be seen from support zone.
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