Nifty in the last trading day of this week had managed to close above the level of 5300. Nifty looking to hold this upside trend for some more time from here. Nifty hold the uptrend today for the fourth consecutive day, after previous five days sell- off. In the upside 5400 & after it 5450 could play the major resistance role. In the downside one could see the support base around the support zone of 5180 to 5200. We recommend that traders could go for long in nifty future at current levels and could keep the stop loss around the level of 5250.
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