Nifty: Resistance 5050/5084/5115/5130/5151-5165/5190
Support 5005/4994/4963/4949/4936
Nifty was saved by RIL on friday, as SC gave verdict in favour of it. Today with bullish global cues, Nifty may open gap up with 70-80. Immediate resistance @ 5130-5151 zone. if sustained then we may see 5190. On lower side, Nifty has support @ 5050... which if broken may lead Nifty to 5005-4994 zone.
Our last week recommendation RIL 1000-1005 range... gave good returns. keep enjoying the gains.
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