Today selling pressure in Nifty is witnessed from resistance near 4,870 level. Selling pressure could be seen below 4785 levels and on the other hand it may face resistance near 4,900 levels. If Nifty manages to trade above 4,800 levels, then rally to 4,860/4,900 could be seen. If Nifty fails to manage to trade 4,800 levels then selling pressure till 4,750/4,700 Could also also be seen.
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