Nifty: Resistance 4888/4913/4939/4968
Support 4848-4831/4805/4777/4747
Nifty remained cautious & traded with high volatility. Nifty kept hovering between +ve & -ve zone for the day in a tight range of 30 pts. Today, Nifty may open flat & may react accordingly to INFY results & IIP data, which are due to be announced today. Intraday, Nifty if remained below 4848, gets weaker for some dip. On up side, it needs to sustains above 4888, above this zone, Nifty may touch 4939-4950+ zone.
Trade with levels.
Happy Trading.
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