Nifty: Resistance 5100/5115-5120/5135-5145-5151/5165
Support 5084/5050/5035-5025/5005/4994
As written yesterday, Nifty faced resistance @ at higher level above 5100 zone. Intraday, Nifty is expected to open flat / -ve in line with Asian Market. Immediate strong support @ 5050... below it if sustained, Nifty can see some booking of 25-40 pts.Nifty may again face resistance at 5115-5120 zone on upside in today's upmove. Closing above 5120, Nifty may turn strong for 5200+ tgt area with 5165 as resistance on upside.
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