Nifty for the day made a low of 4942 from there it recoved well to make a high of 5072 and closed near by the high at 5064 which is 47 points up from the previous close.
Now Nifty is in resistance zone of 5070-5110.As Nifty will be making rangebound moves concentrating on stock specific will earn good returns.
4950 provides good support any dip near by this level can be used for buying opportunity by keeping 4930 as stoploss
The move which made today will make the bulls comfortable for the time being until 5177.
Buy CENTRALBANK at 99 with stop loss of 97 for the target of 104 and 108
Buy BGRENERGY between 328 - 330 with stop loss of 321 for the target of 350 and 360
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