Point to Watch : 4944
Could not reach 4944 – High of 4926.9. Took Support again @ mentioned Support 1 – Closes above 4900 close to 4920.
Nifty down below Support range 4920 – 4970(80).
Point to Watch : 4944
Support : 4900, 4880(86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance : 4920, 4950, 4970(80), 5000, 5050(60), 5100, 5115, 5150, 5163, 5168.
As high lighted last two days – Nifty takes Support exactly at those levels!
Happy Trading!!
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