Nifty was on a bull trend last day over riding the negative sentimnet in global market to close at 5064 .Today the first resistance for nifty is at 5086-90 level.Next resistance ranges are at 5107-13 ,5134-39 ,5194-98,5227-30 levels.On downside first support is at 5030-25 level.Next supports are at 5010-07,4991-87,4930-25,4909-04,4880-77, 4854-49,4830-27,4794-90,4727-22,4692-89,4665-60,4595-90,4540-35 level.Nifty showed a good move yesterday but need some strength to trade above main hurdleof 5107-13 level.On down side be alert below 5025 and no long if nifty is below 4990 level.
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