Nifty Future:

The index broke Inside Bar Low and this could keep market on selling pressure. There are series of support below 5000 and major one is 200 SMA which is placed at 4982.

Resistance is around 5110 and crossover of 5135 can show strength on upside.

Support is at 4995 and break of 4982 could lead to 4955 and 4905

Stock Future:

Buy Auropharma around 905 with SL at 896. TGT 920 – 935 – 945

Short Axis Bank around 1285 with SL at 1296. TGT 1240

Short HDFC around 2810 with SL at 2828. TGT 2740 – 2715

Best wishes

Happy Trading

C T Ramesh Raja