Nifty has support at 4530-4490: Angel

Angel Broking Technical Analysis report:

The day began on a positive note as mentioned in our weekly report. The benchmark indices made a attempt to test the gap on an intraday basis, but witnessed profit booking at higher level. The daily chart has formed a doji which indicate indecisiveness in the market. The benchmark will face support at 15300-15200/4530-4490. On the upside the indices will face resistance at 15530/4620, if it trade above 15427/4576.

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