Expect Nifty to open on a flattish note. May consolidate & trade rangebound 4746-4798 till RBI policy announcement.
Now, Nifty Fut needs to cross critical resistance zone 4790-4798 for bounce back upto 4847/4870++. If does not cross 4798, then lower levels of 4710/4670 could be tested.
Key Nifty Futures Levels :
Supports : 4746 & 4704.
Resistances : 4798 & 4839.
Probable Trading Range : 4704 – 4839.
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