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FRIDAY NIFTY OUTLOOK

Bullish view:Is there any thing to write Bullish.OK Fine Nifty will face resistances at 4817 and 4830.

 
Bearish view:If you are following me regularly i had mentioned clearly we will see 2-4% up move from  4800 and we saw 3% up move.Now we formed top at 4950 in last 2 days.Where i mentioned my resistance at 4970.
Now if you look at my previous posts i mentioned nifty will find support between 4650-4700 area.
 
For tomorrow 4780 is  important level.We are going to open below 4780 tomorrow.We need to watch will nifty try to pullback above 4780 and hold it. 
 
Below 4780 Watch out 4766(recent low) and 4745 mark on bourses.


Disclosure: no positions in nifty