Nifty was on a slight bear trend after the yeterdays rally.Today the first resistance for nifty is at 4969-73 level.Next resistance ranges are at 4995-00,5027-33,5060-65,5119-23 5167-72,5193-98,5225-30,5267-72,5323-28 levels.On downside first support is at 4915-10 level.Next supports are at 4896-93,4862-57,4830-25,4805-02, 4768-63,4718-12,4697-94,4675-70,4595-90,4540-35 level.After the rally nifty was on a resting mood yesteday but still the nifty is in red zone.Today a move above 5000 can trigger some buying the main intra hurdles are at 4973,5000 and 5033 level.On down side if nifty is below 4900 be very alert and better no long below that level.
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