Nifty made a high of 4637 low of 4531 and closed at 4544 which is 68 points down from previous close.
Nifty is making new low day by day its not able to sustain in the higher side .
Nifty has violated forming of star pattern so the reversal is kept on hold.
Hope 4500-4530 should provide support on breaking of this will Nifty will fall to 4360.
4640 and 4700 will act as resistance. The trend will change only above 4700.
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