Nifty witnessed range bound movement today. But one thing that is very vital is that it was not sustaining the high levels. Now, Nifty is also facing the resistance around the range of 4900 to 4910. Above this range we could expect the level of 4980. Technically we recommend sell on highs in nifty future until it made close above the level of 4950. Intra day support is seems to be around the level of 4760 to 4780.
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