Another attempt to scale the first resistance level of 5130 levels early in yesterday's trade was again nullified and markets hovered around the tight range of 5100 - 5125 for the entire session.
The consolidation for the past few days has been strengthening and the strong bullish undercurrent with a momentum move is likely to kick in soon.
There might be a retracement till 5050-5030 levels also momentarily before bulls start to charge and take control again.
Resistance levels : 5117, 5130, 5150
Support levels : 5085, 5050, 5030
Happy Trading
www.tripleint.com
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