Sorry not much time this week hence just posting support levels
on nifty there is strong support at 4650 as marked in the circle also the 100 DMA is at 4634, even the 20 week DMA is at 4660 hence the entire range of 4650-4600 is expected to support nifty
however a close below 4600 will most prbably bring in more correction and then nifty can test 4485-4450 levels
on the upside
4790 can offer some resistance and above which nifty can test 4850 which is a strong resistance given the presence of 50 DMA as well as high OI in the 4800-4900 CE
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