Below 5016 only Nifty may test 5000 otherwise it may go to 5100

NF Daily Chart

Nifty is trading in overbought zone for the second week. Today's RBI meet is very important. Greece talks are also same important in terms of global factor. if Nifty sustains above 5064 and RBI approves dovish stance(which is more unlikely at this moment) NS may go up to 5100 otherwise there will be down move to 5016 and below 5016 NS may target 4991-4972.But keeping on expiry NS may close above 4937 which is JNSAR.



TT Data has been updated.

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