On 4March, Nifty fut will face resistane at 5098 level. As we have mentioned the importance of this level earlier also. You all must have watched the massive rally from 4824 level to 5084 level in few days, this time again the level of 5098 will act as crucial level. In order to continue uptrend, Nifty fut have to cross n sustain above the level of 5098 in, if this happens then we can see markets heading towards 5120-5145-5190+ levels. Bulls have to make sure to maintain & start the uptrend soon, in order to retain strength. However, if beas are able to stop the bulls from marching ahead and cross 5098, then on lower side bulls have support at 5048 level, once this level is breached we can see markets sliding down to the level of 5030-5005-4988. Any close below 5030 will make bears coming back into the action agan.
Nifty Levels
- Resitance - 5098-5120-5145-5190
- Support -5048-5030-5005-4988
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