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Today also nifty closed with a nagetive mode. Today it start with selling presure and touch the level of 4500 in early session of the day, may be the reason is down trend of Rs against US Dollar. The rupee has dropped more than 16% against the US dollar since July, making it Asia's worst performing currency this year.

Today Nifty Closed at 4,613.10 with the loss of 38.50 points or 0.83% down. From here nifty is looking consolidate. It is looking bearish in the coming trading session if it manages to trade below the support level of 4530 else above resistance level of 4700 it would be in an upward trend.

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