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Nifty for Today
Nifty made a strong upside rally today and in the end made a strong closing in green zone as well. As we already recommended in our previous predictions to buy Nifty Futures on dips until it close below 5350 for the targets of 5500, 5550. Today market achieved those targets. Now nifty is looking for more up moves. The next resistance in nifty future seems to be in the zone of 5600 to 5610. Decisive closing above this resistance zone may take up it till the level of 5700 in near run. So for intra day trading we recommend long position in nifty future from the current levels for the target of 5650, 5700 with the stop loss around 5540. 

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