Today the had been very volatile through the day. Indices opened up strong, but within an hour tumbled down to the negative zone. Markets were trading at the higher levels at the start of the trading session, but the crash in the Chinese markets lead to fall in the Indian markets also. Shanghai fell down by almost 6%. Nifty fell down to make a low of 4420, below the support levels but closed above 4500 levels. As mentioned in my earlier article, that the Nifty is facing strong resistance at 4600 levels but till the time Nifty is not closing above 4600, the upside move is limited. Volumes were pretty high due to F&O expiry tomorrow.