If 4751 is protected then a strong bounce is expected.
If opens and moves high then may face resistance near 4935 range and the move down.
Long above 4881 for a target of 4930
Short below 4850 for a minimum of 4800-09 if broken then to 4767/4751 range.
Below 4751 it will be more bearish.
NIFTY:
OI:
If opens and moves high then may face resistance near 4935 range and the move down.
Long above 4881 for a target of 4930
Short below 4850 for a minimum of 4800-09 if broken then to 4767/4751 range.
Below 4751 it will be more bearish.
NIFTY:
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