Nifty was on a slight bear trend yesterday and closed at 4749. So today the first resistance for nifty is at 4765-69 level. Next resistance ranges are at 4780-84,4801-05,4820-23,4875-82,4912-17,4960-65,4987-92,5030-35,5055-60,5084- 87,5098-02 levels. On downside first support is at 4723-18 level. Next supports are at 4698-95,4682-78,4650-45,4623-20,4602-97.4580-75,4543-40,4527-25,4485-82,4455-50,4435-30,4400-395,4373-70 level.After the big rally market was on a slight profit booking mood but as mentioned earlier nifty still is in bear zone until a strong close above 4882 level.So today intraday resistance are at 4784 and 4805 level and on downside support are at 4718 and 4695 leve
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