Nifty has support at 4460-4400: Angel

According to Angel Broking Technical Analysis report, on the downside, 14970–14850 / 4460–4400 levels may act as support.

Angel Broking Technical Analysis report:

Indices opened with a downward gap and have broken the important support levels of 15300 / 4530 as mentioned in our weekly report. Further, it has taken a support around 14840 / 4400 and bounced back to close at 15066/ 4501. In the coming trading session, an up move may continue if indices trade convincingly above 15200 / 4530 levels. On the upside, the immediate resistance is at 15380 – 15400 / 4560 – 4580 levels. On the downside, 14970 – 14850 / 4460 – 4400 levels may act as support.

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