Nifty: Resistance 4905/4936/4949/4999/5005
Support 4880/4848-4832/4808/4770/4747
Nifty witnessed huge gap up opening in line with Global market & spurted almost 3% gap up opening. Nifty today may open flat & immediate resistance @ 4905-4910 zone, if sustains this zone, Nifty may see 4936-4949 zone. On lower side, support pegged @ 4880, if breaks & sustains below this zone, Nifty may see 4848 & lower zone. Overall, Nifty may see some range bound moves between 4848-4936 & either side break may bring further move & decide trend.
Trade with levels.
Happy Trading.
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