I thought it was today holiday!!!

NIFTY TODAY
Today nifty traded in a wide range with positive bias and closed above 5000 levels. Volume was excellent. FII’s were net sellers for 533.07 crores. DII’s were net buyers for 410.44 crores. Market breath was positive with 40 advances and 10 declines. Today nifty rose with increased volume!
NIFTY TOMORROW
For tomorrow trade 5050 and 4975 levels would be significant levels to be watched. As volume had increased we may see further up move tomorrow. Nifty futures open interest also increased with price rise; this suggest that fresh long positions had initiated. However, FII’s had been selling continually, so we should be careful at higher levels. Let’s see how nifty pans out tomorrow.
NIFTY TIPS
BUY ABOVE 5018 T1 – 5050, T2 – 5080, T3 – 5110 STOPLOSS – 5003
SELL BELOW 5000 T1 – 4975, T2 – 4950, T3 – 4925 STOPLOSS – 5015
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