Nifty made a high of 5160 low of 5084 and closed at 5118 which is 14 points down from previous close.
Nifty is moving with in the support and resistance zone of 5060-5170 until its not breaking any of this level it will be moving with in this range only.
so if Nifty goes to 5160-5170 one can short with stop loss of 5200 for the target of 5070 and 5010.
In other side if Nifty comes to 5060-5070 one can buy with stop loss of 5030 for the target of 5160.
Breaking of 5170 will take the Nifty towards 5330 and in the down side breaking of 5060 can take to 5000 and 4950.
Traders Trade with strict stop loss.
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