In the event of Gapup opening, exercise caution in going long.  Nifty Future is still in Death Cross zone and will exert pressure on market.

Nifty Future:

Resistance around 5286 and crossover of 5291 will  move to 5315 – 5335 – 5355

Support around 5210 and break of 5198 it will fall to 5155 – 5140

Stock Future:

Always trade stocks to the Direction of Nifty !!!

If market sentiment is good, look for / HDFC / ICICI Bank and SBI to outperform.

Happy Trading

C T Ramesh Raja