Bearish day with break of the "inside day" pattern on the downside. Highs are being sold into religiously.However, Nifty still trades above the uptrendline joining lows from 4904 . The Nifty has taken support exactly on the line today. The support for tomorrow is at 4974.
Half Hourly Chart
Break of trendline support at 4954-4958 will take to 4921-4904 which will prove as decider for further upside or downside.
Happy Trading !!