Indian bounced back on the F&O expiry and closed above a crucial psychological levels of 5000 with significant gains. Auto sectors and banking sectors were the prime drivers of the upswing and IT also consolidated its gains along with them.
For intraday trading session, Nifty could find support level at 4970/4940/4900 . On higher levels, 5050 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5090/5130.
Ref : Nifty Outlook
For intraday trading session, Nifty could find support level at 4970/4940/4900 . On higher levels, 5050 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5090/5130.
Ref : Nifty Outlook
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