Yesterday markets had a very strong open and reached new highs and also could conquer 4865 levels.
Though towards the end there was a strong move to trap the late bulls and a significantly lower close from the day's high, the undercurrent seems to be still very much bullish for this series.
The PCR has increased to 1.38 and other options data indicate bullishness and this market can clearly make new highs from this level also.
As of now, the key levels remain the same and a move above 4865 again would bring in the required momemtum that we have been looking for.
Resistance levels : 4845, 4865, 4890, 4930
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