Concentrate Stock Specify Large Cap Banks Stock looks hot. Nifty Support 4800-4830 Nifty Resistance 4963 Close above - first sign of Bears loosing control in the market
NIFTY After a made a low of 4675 in last week, some buying were saw and resulted more than 150 points moved from the lower level. Over all trend is down and we may consider strong support exit 200 DMA are 4676, break and close below likely test 4538-4475-4400-4350. Higher level it will face continue resistance are 4930-5000-5024.Trend Decider of this week are 4782, support are 4715 4600,resistance 4896 4963.
Consider support are 4850-4820 and decline to buying Opportunity, on rise it will face resistance are4948-4963 whereas the big supply, on reversal to sell side.
Today support are 4900-4870, higher-level resistance are 4950, thereafter more up side.
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