Nifty made a high of 4882 low of 4837 and closed at 4858 which is 84 points down from previous close.
Nifty gap opened down and was not able to go above that for the day so now the resistance area will be 4882 and 4920.
Nifty will find support at 4800 on breaking this it can take Nifty towards 4684 .
Nifty can be considered shorting at 4880 by keeping 4925 as stop loss for the target of 4805 and further.
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