Nifty witnessed high volatility today. Nifty is not sustaining higher levels & also not making close above the level of 4805. Technically still we could see the level of 4520 in Nifty if it closes below the level of 4650. At present I recommend for traders that they should go for sell in nNfty around the level of 4800 to 4825 level and book profit around the level of 4740. ;D

For technical analysis of Nifty one can refer to a web site which is providing pre-market analysis on Indian indices especially Nifty along with Buy and Sell recommendations for individual stocks of Nse Bse.