Nifty was in slight weak trend yesterday and closed at 4750 . So today the first resistance for nifty is at 4772-76 level. Next resistance ranges are at 4792-95,4826-30,4852-56,4880-85,4918-21,4965-70,4987-92,5030-35,5055-60,5084- 87,5098-02 levels. On downside first support is at 4733-28 level. Next supports are at 4709-05,4674-69,4640-35,4605-02,4592-88,4527-22,4485-82,4455-50,4435-30,4400-395,4373-70 level.Even though bull movement for last few days Nifty still in bear zone so use tight stop loss for all longs.So today for upside intraday resistance are at 4776 and 4795 level and on downside if below 4700 better avoid any longs.
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