Nifty made a high of 4800 low of 4723 and closed at 4750 which is 28 points down from previous close.
Nifty is finding resistance in the area of 4800-4820 , volume also got dried for the past 2 days.
Bullish trend will continue only on breaking of 4820.
on breaking of 4700 Nifty can test 4640 again.
Nifty can be shorted around 4770 by keeping 4823 as stop loss for the target of 4710 and 4650.
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