The day will be challenging enough for intra traders I feel with so many possibilities. Though I still feel there can be fair bounce if 4740 holds. But upside resistances to be tackled very carefully.
Supports: Support lies @ same 4740, below that more weakness can very well bring it down towards 4715-4700-4665/50 zone.
Resistances: Immediate hurdle will be @ 4795/4805, above that 4830-4868/75 is possible. Further BO from those levels can bring 4920/25. An aggressive target of 5010-5080 is there after a convincing BO above 4948/60 zone.Trade carefully.
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