Nifty Spot has not been able to close above 5151 . this may indicate a sign of weakness of market. Nifty Fut has not crossed its strong resistance of 5170- 80 level. On the other hand Nifty fut is holding very important levels of 5090 - 5050 on lower side. Watch for breakout on either side. it will indicate the trend of market. Till then keep s/l of 5180 in short positions and 5090 for short term long positions and 5050 for positional long trades.
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