Nifty: Resistance 5165/5185/5203/5222/5252/5275
Support 5115/5082/5050/5007-4994
And finally, Nifty showed breakout, of which we were talking in yesterday's post. Nifty is again at the zone which has been like a tough barrier in past 3 rallies. 5165-5203 are two zones to be watched for further breakout. Below 5115, Nifty may see some profit booking for the intraday.Expect flat/+ve opening, we would advice not to carry leverage positions, ahead of long weekend.
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