Positive Nifty can head towards 4690: Finquest

MUMBAI: Finquest Securities is of the opinion that Nifty charts look bullish. It expects Nifty to move towards high of 4690.

���Nifty breached the falling trend line and Hammer witnessing a strong up move for the day. Nifty has formed a Bullish Belt Hold for the day indicating further bullishness.

For the day Nifty seems to be positive and can head towards prior high at 4690. On the lower side support at 4560 is crucial; if breached Nifty can witness correction towards 4520-4490 zone,��� said the recommendation.