Outlook for the day: Volatility likely to prevail

The coming trading session is expected to trade in the broad range of 4800 – 4680 levels with negative bias. On the daily chart, Nifty is taking ‘Trend line’ resistance around 4800 – 4820 levels. On the downside, 4680 – 4660 levels may act as support. Further, if Nifty trades below these levels, 4630 – 4600 levels is the next support. Read More

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