NIFTY pulled down beyond expected but took support at an extended technical target (see the first green line). It looks like it may not rally up to 4550-60 as expected for the coming days. However, a pull back cannot be ruled out tomorrow.
In case NIFTY close below 4200, then the expected rally may not materialize. The Closing value of tomorrow has extreme importance now.
It calls for a re-calculation after the price action tomorrow. If today's price action alone is considered, the next rally might terminate, at around 4530 instead of 4560.
