Expect Markets to open on a flat note in-line with Global Markets.
Now, 5017-5022 is a crucial support level which needs to be held for witnessing any small pullback upto 5130++ zone.
If crosses & sustains abv 5130, then further short-covering upto 5180/5204 is on cards.
If breaks & sustains below 5017, could witness fall upto 4976/4938.
Key Nifty Futures Levels :
Supports : 5019 & 4985.
Resistances : 5084 & 5129.
Probable Trading Range : 4985 – 5129.
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