The indices yet remained in a range and volatile with no decisive move either way.
Technically the markets looks tired and has given a sell signal on technical parameters , however it has managed yet again to stay above 5070 levels.
Now 5050 stays a crucial and important support levels on nifty front and as long as its held the markets are up.
The indices are caught in a range of 100 points from past few days and looks like is consolidating before it makes a broader move.
The coming session is yet again likely to be range bound and volatile with very few opportunity in trading indices , though some opportunities are visible is selected stocks.
The supports for the nifty is as 5050 levels and resistance at 5200 levels.
The supports for the sensex is at 16900 levels and resistance at 17500 levels.
Stocks to watch
Nucleus software , kolte patil , zuari inds , metal and cement stock looks good
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