NIFTY FUTURES (F & O):
Above 5228 level, expect short covering up to 5257-5259 zone and thereafter expect a jump up to 5287-5289 zone by non-stop.
Support at 5207 level. Below this level, selling may continue up to 5188 level by non-stop.
Below 5156-5158 zone, expect panic up to 5127-5129 zone by non-stop.
On Positive Side, cross above 5356-5358 zone can take it up to 5386-5388 zone by non-stop. Supply expected at around this zone and have caution.
Short-Term Investors:
Bearish Trend.
Down Side Target at 5049.20.
Stop Loss at 5346.80.