Nifty opens gap up and trades range bound in the range between 4930-4980-5030 for most part of the day. VWAP @ close is 4971. Nifty closes flat at 4941.
1) Below 4930, target of 4880-4830 is intact.
2) Reversal above 5030 only on closing basis. Bias is negative. Happy trading :)
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