Nifty Update - 4834 can be Seen - Inder Bhatia

HOURLY: The Indian market close with marginal losses. The market saw smart recovery from the day's low. After a weak opening, Nifty touched multiple supports in the 4640 zone, and finally we saw a smart recovery at the end of session. If Nifty is able to cross 4739, then it is likely to touch the 4780-4837 zone as shown on the chart. On the lower side 4629-4600 will act as support zone.

Buy Nifty above 4712 TGT 4740>4763.

HOT STOCK: DIVISLAB. This has already been given as a buy in the weekly update. More fire can be seen for 1631 >1700.