Nifty (5033)
Nifty daily chart has formed “White Opening Marubozu” after high wave pattern , this two combine pattern suggest lower side is very remote and bull is trying to firm its grip. 30 Min chart has formed strong support at 4967 level which should sustain to keep up move sustain. Daily RSI showing some strength where as Stochastic and MACDh is still suggesting weakness. 50 DSMA placed at 4975 level. Over all scenario is still little bit cloudy.
Intraday Support :- 5015-5000-4975
Intraday Resistance :-5065-5090-5110
