Supports: We really got a big bad fall with handsome volume, but technically the uptrend is still intact, so 4550/47-4509/05 will be place for booking shorts, and wait for the the next movement. Below 4505 Nifty can very well target 4250 positionally through 4480-4440-4330.
Resistances: 4639 will be immediate hurdle for Nifty, and above that 4658-4681-4696/07 is possible for the day and again decide the next move.
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