Nifty likely to head to 4880 this week:Finquest

Finquest Securities expects Nifty to head towards 4880 levels this week.

“For the week, Nifty appears to be positive and seems likely to head towards 4880 levels. As Nifty attempts to breach the prior high at 4693, we could witness bouts of profit booking. For the day, Nifty appears to be positive and is likely to edge higher towards 4720 levels,” said the technical report.