Nifty: Resistance 5050/5075/5151/5165/5194/5205-5210
Support 5025/5005-4994/4963-4954-4949/4919
Nifty had a good fall once it broke 5151 levels on friday. Nifty is expected to open gap-down with 50-60 pts in line with weak global market. Nifty if opens deep gap down near 5025-5005 support zone, traders are advised not to short at those lower areas. Nifty may see support at above mentioned zone. If breaks levels of 4994 & sustain below it, Nifty may see some more booking till 4963-4949 zone. On upside, Nifty till it sustains below 5165, fresh rally cannot be seen.
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