Nifty made a high of 5854 low of 4782 and closed at 4812 which is 34 points up from previous close.
Today Nifty made some relief after 10 days of continuous fall it did not approached the previous day's low this gives some positive effect. As in this condition we can expect a pullback move for today.
Nifty is finding resistance at 4860 which should be cleared to make further up move .so once this area is cleared Nifty will move towards 4910 and 4990 .
So Nifty can be bought around 4800 with stop loss of 4760 for the target of 4860 , 4910 and 4990.
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