NIFTY FUTURES (F & O):
Above 5146 level, expect short covering up to 5150-5152 zone and thereafter expect a jump up to 5162-5164 zone by non-stop.
Support at 5120-5122 zone. Below this zone, selling may continue up to 5119 level and thereafter it can tumble up to 5109-5111 zone by non-stop.
Below 5097-5099 zone, expect panic up to 5086-5088 zone by non-stop.
On Positive Side, cross above 5173-5175 zone can take it up to 5185-5187 zone by non-stop. Supply expected at around this zone and have caution.
Above 5146 level, expect short covering up to 5150-5152 zone and thereafter expect a jump up to 5162-5164 zone by non-stop.
Support at 5120-5122 zone. Below this zone, selling may continue up to 5119 level and thereafter it can tumble up to 5109-5111 zone by non-stop.
Below 5097-5099 zone, expect panic up to 5086-5088 zone by non-stop.
On Positive Side, cross above 5173-5175 zone can take it up to 5185-5187 zone by non-stop. Supply expected at around this zone and have caution.