Nifty made a low of 5076.3 and high of 5154.5 and closed at 5123which is 59 points up from previous close.
Nifty will face resistance between 5177 to 5230 if it crosses it can go upto 5330. Nifty will have support at 5110 and 5070.
Nifty will be making only range bound move between 4950-5230 for time being in the coming days , so go for stock specific.
Buy JETAIRWAYS between 295-303 with stop loss of 289 for the target of 321 and 330.
Buy PETRONETLNG between 172- 174 with stop loss of 168 for the target of 179 and 183
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