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Nifty Resistance: 5250 & 5335.

Nifty Support: 5000 & 4830

Suggestion for Trades :-

In this week traders should watch out the level of 5200 & 5250. If nifty future does not make closing above 5200 for couple of trading sessions then we might expect some selling pressure so traders could go for sell on rise with the Stop Loss around 5205 for the targets of 5000.

If it makes closing above 5250 then traders could initiate long position in nifty futures for the targets of 5325 to 5330 in near term.

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