NIFTY for tomorrow

NIFTY has broken vital support zone of 4900 & made very week closing around 4830 level. As now we could see the major support base around 4805 & 4750 level. If NIFTY break these levels & made closing below, we could expect the level of 4500 in near term. Now we recommend that traders should go for short in nifty future at close to every resistance & should book profit around major support levels. Now on 28th Jan. There is future contracts expiry so market could be highly volatile, so traders need to be careful.

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