Nifty made a good come back in this week and now it comes to the crucial zone if 5170 which was not able to cross for the past two times but this time it will be crossing it and it will touch 5330 and 5400 on or before this months expiry.
But before crossing its expected to consolidate for 2 or 3 days , so at first attempt it can be shorted at 5160-5170 with stop loss of 5200 for the target of 5110 and 5070.
And when its crossing one can go long in between 5200 to 5230 with stop loss of 5160 for the target of 5330 and 5400.
Don't be shorted above 5170
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