Stocks open lower in line with Asian peers

Intraday, pivot in the Nifty is pegged at 4416 points. Support is pegged at 4348-4355 and 4322 points. Resistance is at 4468 points while 4505 points needs to be decisively crossed to test 4533-4563 points. Bulls need to rejuvenate themselves for a fresh upmove; failing which the bears may capitalise the opportunity