Supports: On the downside 4440/50 is the most crucial place to watch for. Below the nifty can face another round of selling up to 4390-4360 zone, which can be a immediate trend decider for nifty.
Resistances: Above 4487 nifty can met, 4507-4531, above which it can well extend up to 4563/68 zone, and decide the further trend. Above 4565.68... nifty can extend up to 4594-4623/27-4363/65 places.
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