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Today, Nifty is expected to trade positive. It is expected to trade in the range of 4,850 - 4,690. Yesterday, Nifty showed selling pressure near 4,650 levels. Selling pressure will continue below 4530 - 4510. Today, if the market is able to hold above 4,540 in the first half traders can enter into long position with 4,540 placed a stop loss for the target of 4,700 else can short positions if Nifty resists at 4685.
 
Today, Bank Nifty is expected to trade volatile in the range of 7,655 - 8,025 with a negative bais.



 

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