NIFTY FUTURES (F & O):
Above 4850 level, expect short covering up to 4900-4902 zone and thereafter expect a jump up to 4950-4952 zone by non-stop.
Support at 4812 level. Below this level, selling may continue up to 4795-4797 zone by non-stop.
Below 4745-4747 zone, expect panic up to 4696-4698 zone by non-stop.
On Positive Side, cross above 4999-5001 zone can take it up to 5049-5051 zone by non-stop. Supply expected at around this zone and have caution.
Above 4850 level, expect short covering up to 4900-4902 zone and thereafter expect a jump up to 4950-4952 zone by non-stop.
Support at 4812 level. Below this level, selling may continue up to 4795-4797 zone by non-stop.
Below 4745-4747 zone, expect panic up to 4696-4698 zone by non-stop.
On Positive Side, cross above 4999-5001 zone can take it up to 5049-5051 zone by non-stop. Supply expected at around this zone and have caution.