Nifty made a low of 4904 high of 4975 and closed at 4968 which is 94 points up from previous close.
Nifty made gap open and maintained the gap for the day and continued it rally .
Nifty will find support at 4900. and it will find resistance at 5010.
Nifty can be shorted in between 4975-4990 with stop loss of 5010 for the target of 4950 and 4900.
or
Nifty can be shorted below 4950 by keeping 4975 as stop loss for the target of 4900.
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