Nifty: Resistance 5165/5205-5210/5227/5241-5252
Support 5151/5130/5115/5075/5049
Nifty had a good volatile session for traders....giving both Bulls & Bears good trading session. Intraday, Nifty may open gap-up with 30-40 Pts in line with Asian Mkt & will face resistance @ 5205-5210 zone on upside. Immediate support @ 5151... which if broken can again lead to profit booking upto 5115-5075 levels. On upside, above 5210 only further intraday rise can be expected, but limited. Avoid buying at higher zone near highlighted resistance area. One may try shorting at higher zone for Intraday trades.
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