IN WEEKLY CHART NIFTY HAD FORMED A HAMMER PATTERN ,,,,,,,,,,,IT'S LOW 4728,,,,I THINK IN SHORT TERM 4720 LEVEL WILL ACT AS A STRONG SUPPORT ,,,AND WILL HELP NIFTY TO REACH 5320,,,,,
SO TRADER'S ARE ADVISED TO TAKE LONG POSITION WITH A SL OF 4700 IN CLOSING BASIS,,,,,,