Nifty ends up flat on the weekend and bias is negative with a close below 5110 post RBI rate. Nifty did touch 5140+ levels earlier to the RBI news. VWAP at close is 5109. Nifty closes @ 5084.
1) Intra day reversal level will be 5110 on Monday if Nifty turns bullsh trading above 5135 for target of 5175-5210.
2) Below 5110 level, the level of support @ 5070 is crucial below which Nifty can touch 5025-4980. Happy weekend :) Happy trading :)
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