Yesterday markets were confined between a small range and looks like bulls after triggering the short squeeze in the earlier sessions are taking rest over and above the 20 DMA.
Today's trade might give a clear picture on how this expiry will span out.
There might be a strong move either side and the decisive move will be whether bulls are able to charge higher than 4953 levels and bears are able to push the markets below 4823 levels.
There could be an early session move near to 4845 levels and bulls can start taking control from that level and push Nifty higher.
Resistance levels : 4914, 4930, 4953
Support levels : 4866, 4845, 4823
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