Nifty made a high of 4869 low of 4803 and closed at 4840 which is 20 points down from previous close.
Nifty is consolidating for the past two days and moving with in 4800 to 4880 both of these levels will be trend decider .
The bearishness will get accelerated only below 4780.
So if Nifty comes around 4800 it can be utilized for buying with stop loss of 4775 for the target of 4870 , 4900 and 4925.
4925 will be a good resistance on breaking of this will take the Nifty to 5000.
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