Nifty responded the massive rally with 130 points gap up opening. Major sectors like metal, banking and capital goods helped nifty maintain the rally. Sensex gained around 350 points and nifty gained around 105 points. However this strong momentum will continue If nifty close above 5000 mark for 2 more days. We can see bullish market If nifty trades above 5000.
Nifty has strong resistance at 5000-5025
Supports are 4890-4875