Nifty: Resistance 4949/4994/5005/5050
Support 4916/4884/4848/4816/4770
Nifty didn't sustained resistance zone 4949 again (high was 4949.90) . Nifty may open gap down with weak global sentiments. Below 4916, NF may see 4888 zone, if sustains below it too, then 4848-4816 may be tested. More upside only break & sustain of 4949 is expected.
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