The market unfolded the same way as we predicted and Nifty could manage to close above 5100 mark. Spot Nifty after touching a high of 5149.90 closed at 5140.20 and added 108.25 points to its last closing level.
Nifty Futures ended up above 5150 mark and settled at 5167 up by 129.85. Now the crucial level to prevail this positive trend is seems to be 5190 above which Nifty is looking forward to test 5228-5244 Mark.
Support for Nifty is seen near 5010 a trade below which may drag nifty down to 4950 level.
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