Nifty Future:

Support at 4965. Below 4955, it could drift to 4910.

Resistance around 5035. Crossover of 5045, could lead to short covering, which can push the index to 5095 – 5125

Stock Future:

Short ICICI around 886 with SL at 897. TGT 860 – 840

Short HDFC around 2775 with SL at 2800. TGT  2725 – 2675 – 2650 – 2630

Buy Reliance above 1028 with SL at 1017. TGT 1050 – 1065

Best wishes

Happy Trading

C T Ramesh Raja