Nifty: Resistance 5034/5050-65/5091/5115/5151/5165
Support 4999/4994/4970/4958/4949/4888
Nifty closed above 5000 at 16 month high.Nifty's rise without volume & correction is a bad sign for coming days & still we would advice to all long traders to trade with Strict SL @ 4970.
For Intraday, 4994 holds important support on Nifty & 5050 resistance.Nifty is trying to hold 5000 mark till expiry. Expect flat opening in line with Asian Market.
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