Mkt seems to be trying hard to move up but nifty is range bound between 4550 and 4460 and nifty fut is range bound between 4550-4390 and also at a discount to cash which indicates weakness . once they cross the higher end then only we can confirm that mkt can move up or not. If breaks the lower side than the fear will set in and mkts will be headed lower. On lower side support for nifty fut exist at 4270-4110-4084-3990 and for nifty cash support exist at 4271-4195-3990 and on the higher side resistance for nifty cash exist at 4629-4732-4932 and for niftyt fut at 4637-4759-5054. and for the sensex support exist at 14500-14270-13910-13086-11925 and resistance at 15780-16050-16280-16508.
