Yesterday we have predicted that nifty will get 5000 level and today it crossed the 5000 levels. Today Nifty has ended its trading at 5,018.40 with the bullish points of 62.60 or 1.26% upside. Today's market aided by positive global cues. Banks, metals, oil & gas, power and auto stocks led Thursday's rally. It is the first time in this year that nifty has checked 5000 levels. Today Nifty supported by index heavyweights ICICI Bank, L&T and Reliance.
Nifty Trend For Tomorrow
Nifty is looking more bullish, we are predicting that nifty will touch 5050 level tomorrow. In our technical report nifty is looking bullish if it checked the intraday resistance level of 5100, else below the support level of 4950 it would be a down trend.