As we have predicted, Tuesday started on a promising note, but the market is still in loss but its covered the halfway as the Indian rupee depreciated and Europe behaved erratically. Nifty has covered the lose of previous session and Sensex rise more than 260 points in the first few hours of today's session (it had crashed 664 points in previous two sessions), and the 50-share NSE Nifty touched an intra-day high of 5,028 and sattle down at 4,940.95 with 5.85 down points. It may be bullish tomorrow.
Technical Levels For Nifty-
Resistance : 5100 : 5170.
Support : 4950 : 4890.
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