Today market has change its way and got some result in green points. Nifty saw a swing of more than 60 points during the day, before closing it was up by 12.45 points at 4,636.75. The Nifty touched 4,588.05 in an intra-day trade as a intraday low.

Experts feel that initial months of the year will not be very good.

Nifty is looking consolidate from here. It will be uptrend if it touch the resistance level of 4720, and if it crosses the support level of 4556 it would be down trend.