It was another day where NIFTY gave wild swings in both direction. A decisive trend is not getting established and the view remains the same with a bearish bias.
It is again prudent to wait for a breakout either side, now that the range has become tight, a breakout involves moving out of 4407 and 4250.
Below 4306, we can see some weakness to set in today.
Resistance levels : 4367, 4382, 4407
Support levels : 4306, 4283, 4251, 4222
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