Nifty for the day made a low of 4997 high of 5109 and closed at 5099 which is 125 points high from previous close.
Nifty made a good run and passed the 50 dma of 5045 which is positive sign for the market for time being .
Now Nifty has come to the crucial level of 5170 which was made as double top previously.
5060 will act as a good support.
So if Nifty come near by 5060 it can be bought with stop loss of 5030 for the target of 5118 and 5160.
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