Nifty Has Closed Just Above The 1st Resistance Of 5260 On The Last Day Of Expiry Due To Short Covering And Now At Next Resistance Of 5280 – 5310 If Closes Above This Levels Nifty Has Tgt To 5400 – 5500 Minimum So Long Should Be Hold With Stoploss 5160 And Try To Buy On Dips Near Stoploss Hope We Shall Take Out The Above Resistance Levels In 2-4 Trading Sessions Also Tomorrow Is Weekly Closing And With The Help Of Globle Cues Mkt Can Make New High And Can Breach The Resistance Levels On Gap Opening Also Pls Do Not Short Nifty Unless There Is Confirmation Of Weekness
LONG ABOVE 5228
Likely Trading Range 5225 – 5300
Imp Supp 5240
Imp Rest 5280
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