I asserted on 25th of august " ...though the main targets will be as big as 4756/69-4825
(it is still very conservative and partial targets)" & and here we are on the threshold of 4900. On 1st September we discussed about 5020 above 4920. So not much to discuss as we are dead close to 4920.
Resistance: 4915/20 is all big, though it's a conservative target of nifty but it needs some big attention. Above it the bulls will get one more excuse to cheer and it may lead up to 4960/66-5010/20.... another big zone.
(it is still very conservative and partial targets)" & and here we are on the threshold of 4900. On 1st September we discussed about 5020 above 4920. So not much to discuss as we are dead close to 4920.
Supports: Very crucial day it will be as Nifty heading towards a very crucial zone. Unable to cross 4920 convincingly Nifty support will be at 4872-4840 zone, it's very crucial fro intra day, below that nifty can again try to do 4810-4790-4755 and decide the further move.
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