Nifty was on slight bear trend and closed at 5077 . So today the first resistance for nifty is at 5097-100 level. Next resistance ranges are at 5116-19,5142-47,5165-70,5194-99,5232-37,5267-72,5323-28 levels. On downside first support is at 5059-56 level. Next supports are at 5039-34,5007-02,4980-77,4958-54,4916-10,4893-90,4868-63, 4840-35,4808-05,4790-85,4730-25,4704-00,4677-74,4660-57,4615-10,4595-90,4540-35 level. Nifty is now in a volatile trend and close above 5200 is required for the nifty to again back in bull zone.So today the main hurdle for intraday are at 5116-19 and 5142-47 level and on down side better no long if below 5034
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