Nifty for the day made a high of 5036 low of 4919 and closed at 4934 which is 95 points down from previous close.
Nifty is falling freely with out any support. It has crossed the psychological level of 5000.
And it will test 4700 level once again .
As we said previously every rise can be utilized for shorting opportunity.
Now it will have support at 4911 breaking of this will take to 4860 and 4830 and the resistance come to 5000.
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