Nifty: Resistance 4810-4816/4832/4848/4860/4888
Support 4777/4747/4720/4692/4666
Nifty taking support at lower support zone as expected & showing some recovery. Now immediate big resistance zone is @ 4832-4860. If Nifty sustains 4810 for 5-10 minutes then, expect some bounce till this zone. If nifty opens gap up wait for some intra dip to buy. Below 4770, Nifty may see some profit booking with 4747-4720 as good support for intraday.
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