Today the support for Nifty will be near 5,000 - 4,935 and resistance will be seen at 5,110 - 5,178. The markets are technically up and the logical target is still around 5,110 - 5,178. As the market is still up up but profit booking is not ruled out in the upper regions. Yesterday Markets ended marginally higher, paring sharp intra-day gains, after profit booking was seen in late trades because of growth concerns.
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