Today Nifty started with a down trend but get a positive position at the end of today's session. Nifty is now moving upward today it has a bounce of 26.95 points and sattle at 4,832.05. It is now looking bullish if it manages to cross the level of 4850. The first resistance is looking at 4880 and the next is 4950. In down side first support is at 4770 and next is at 4710 for Nifty.

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