Nifty: Resistance 4777/4805/4834/4848/4888
Support 4747/4735/4696/4666/4636
Nifty opened & remained firm +ve for the day in tight range. Nifty witnessed resisting @ 4777 zone kept hovering around it only for the day. For today, Nifty may see flat/-ve opening in line with Asian market. Immediate resistance again pegged @ 4777, Nifty needs to sustain this zone. Above this zone, 4805 would be next level to watch out. Clearing of this zone, will welcome target zone of 4834-4848. On lower side, support pegged @ 4747, sustaining below this only, Nifty tends to get weak. Below 4747-4735 zone, Nifty gets weaker for below 4700 zone.
Trade with levels.
Happy Trading.
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