Markets gained for the third straight session on Thursday led by Bharti Airtel on expectation that the telecom major could emerge as one of the major beneficiaries following today's Supreme Court verdict. The 30-share Sensex ended above the 17,000 mark for the third straight session up 131.27 points at 17,431.85 and the 50-share Nifty ended up 34.20 points to close at 5,269.90.

Nifty Futures shut stop at 5274.35 up by 12.20 points or 0.23 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5300 else below support level of 5230 it would be in a downward trend.

The stock has continued its up trend in today’s trading session as well and made new 52-week high. It now has next resistance at 1300, one should wait for sometime in the stock as it is expected to have some correction after having sharp rise from last a few trading sessions.

The stock had tried to resist at higher levels and had a correction in today’s trading session. It has next support at 1053, breach of this level may take the stock further downwards in short term.

IDFC today closes with loss .The stock now has resistance level at 140 and support level at 130. Above the resistance stock is looking strong but today stock closes with loss so some further correction can be expected.