Nifty for the day made a high of 5143 and low of 5068 and closed at 5084 which is 8 points up from the previous close.
Nifty is Trading between the range of 4911 and 5170 the next move will be made only on breach of these levels.
The area between 5150 - 5200 will act as a hurdle for Nifty to clear if it crosses 5200 it can go up to 5330 but the possibilities are less.
In down side 5000 and 4900 will act as a good support on breaking this it will take Nifty towards 5720.
Short term trend : Mixed
Medium term Trend : Bearish
Short BHEL at 1688-1695 with stop loss of 1705 for the target of 1660
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