Technical outlook for the day Technically, The outlook for the markets today is that of guarded optimism as the bulls must hold the Nifty above the 4800 levels sustainably to extend the upmove. Follow up buying in the latter half of the session will be crucial. The coming session is likely to withness 4810 on advances above which the 4875 maybe seen - a low probability event. Support is likely at the 4710 levels below which the 4690 maybe seen.