Nifty for the day made a high of 5184.95 and low of 5121 and closed at 5138 which is 22 points low from the previous close .
For the past two days its moving with in this range only.
5190 will be the good resistance for Nifty beyond that it can try to go to 5230 and 5330. If the Nifty comes to these levels one can initiate short position.
The market is in weak phase only dont go for any investment decisions now.
Short IDEA at 95 with stop loss of 97 for the target of 88
Short JetAirways at 395-400 with stop loss of 413 for the target of 368 , 355
Levels For Today
Support 5143 , 5123 , 5094 , 5060
Resistance 5184 , 5200 , 5230 , 5266
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