Nifty: Resistance 5065/5080/5104/5128/5151-5165
Support 5055-5051/5030/5007-4994/4949
Nifty traded maximum part of day in a trendless range of 5055-5070 & lacked volume. If Nifty traded below 5051, we may see some booking till 5007-4994 on lower side. A dip till 4949, if any, will be good for market to give base for buying opportunity. Intraday, Nifty if sustains below 5050, can see 5030-5007 levels intraday. Fresh upside only sustaining above 5080-5104.
Expect Flat opening in line with Asian Market.
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