What a perfect day.....as said at opening taken support near 4240.....4260 was the point where nifty was trading for longer time......I said resistance @ 4310..it touched 4309 and turned there to test 4210......and closed at the same point.....those who followed seriously..and level to level..might have earned huge....For today also I am with negative bias...first watch 4230....if cross then wait for some time to get clear signal.....if this level cros it might ...i say might... touch 4270....this the point to go short....sl 4310......if on downside if 4199 breaks then minor support @ 4167..and then straight to 4155..even 4135.....if 4211 not crossing or below 4211 then go short with sl 4230 for the said target.....if today also we get close below 4210 then we are heading towards 4070/4030....
Today support @ 4199/4167/4155/4135....resistance 4230/4270/4310....
Good luck!
