After a loss in last week, this week may go up with the help of good globel cues. Today Nifty was gap up by 30 points and as expected, there is a big resistance at 5000 and nifty failed to cross that. But the resistance at 4980 was broken in opening bell only. So now its being a good support level.
Yesterday night, US market shows some good recovery. S&P touched its 2009 high and Asia was also going good so positive opening was expected. Now Europe markets are closed 0.5% up and US is again in Green. Today opened in good note again. Its trading good. Future was closed in green earlier today. So we may expect 5003 resistance to be broken in opening bell tomorrow. Lets hope for the best
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