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Buyers for Nifty will be sitting down around 4650-4680 levels

Ahead of F&O expiry tomorrow, the market saw another volatile session of trade that ended flat but on high volumes.Sensex clsed at 16283, down 70 points and Nifty is at 4826, down 21 points from the previous close. CNX Midcap index was up 0.58% and BSE Smallcap index was down 0.44%.Top Nifty gainers included Ranbaxy, Jindal Steel and Wipro while losers were Maruti Suzuki, Tata Steel and Suzlon.

DII brought what FII sold today as per BSE site provisional data(FII sold 724 cr DII brought 896 )

But,S&P 500 yesterday taken support at 1060 levels,if its got broken S&P can go to 1010 levels.Nasdaq is traded weak in whole week.So Nifty at 4650 levels with a stoploss of 4560 with target for 5400 in next 3-4 months.

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